By Admin 
- Improvement in IT sector, BNP Paribas gave positive report.
- New hires, stable management, growth in earnings from cloud.
- Pace of AI adoption increased, growth expected in midcap companies.
- Outlook strengthened due to fall of rupee against US dollar.
IT Sector Growth: Due to the ongoing tension in the Middle East, pressure is being seen in the global markets including the Indian domestic market. At the same time, in a new report, positive things have been said about the IT services sector of the country. According to BNP Paribas, the IT sector seems to be gradually on the path of improvement.
It has been said in the report that the situation regarding growth is becoming clearer than before. Besides, the basic conditions of the sector also appear to be better. However, investors are still cautious in making investment plans. It has also been said in the report that there will be an increase in the earnings of the companies in future.
brokerage opinion
According to the brokerage, the situation in the IT sector seems to be gradually improving in the coming times. If we talk about the reason behind this, companies are making new recruitments. Also, the management of the companies remains stable. Also, the continuous increase in cloud services is showing growth in earnings.
Along with this, the earnings outlook of IT companies is expected to become stronger due to the fall in the Indian Rupee against the US Dollar.
IT sector forecast in March quarter
According to the report, the revenue growth of Indian IT companies may be slightly slow in the March quarter (Q4) of the financial year 2026. However, due to last year’s low base, there is a possibility of better growth at the annual level.
AI is increasing speed
It has been said in the report that the pace of adoption of Artificial Intelligence (AI) is increasing rapidly. Due to which new momentum is being seen in the IT sector. Also many companies are joining hands with global IT companies. Due to which the hope of getting support for the entire sector has increased.
Midcap companies can emerge ahead
In the report, the performance of big IT companies is estimated to remain almost stable. Whereas selected midcap companies can lead in growth. Also, it has been told in the report that initial signs of recovery are visible in important sectors like technology and telecom. At the same time, the situation in other sectors remains stable at present.
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