Intentar ORO - Gratis
Falling rupee, looming Fed cuts lift hopes for IT sector
Mint New Delhi
|September 09, 2025
Beaten-down shares of India's top five IT services firms are attracting fresh interest from analysts betting that a weaker rupee, artificial intelligence (AI) deals, and possible US rate cuts could spark a revival.

Nuvama Institutional Equities, Axis Capital, Antique Stock Broking Ltd, JM Financial and HDFC Securities are among broking houses which have found optimism in IT.
Nuvama on 1 September upgraded its recommendation on India's information technology services sector from 'underweight' to 'overweight', recommending that investors include more IT stocks in their portfolio. "Over the last three years, IT has become more of a trading/relative valuation call rather than a structural one," Nuvama analysts said in a note, adding that "a weaker INR would mitigate the demand slowdown".
The rupee has depreciated nearly 3% against the US dollar this year, which could potentially translate to higher revenue for Indian IT service providers as they fetch more than half their earnings from the US.
The rupee fell 3.1% against the US dollar to end at 88.27 on Friday. Money markets remained closed on Monday.
Esta historia es de la edición September 09, 2025 de Mint New Delhi.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Mint New Delhi

Mint New Delhi
PM backs Make in India for chips, mobiles, electronics
Prime Minister Narendra Modi on Wednesday renewed his pitch for Make in India across sectors, from mobiles to semiconductors and electronics, saying the government is accelerating the pace of reforms, offering the best investment opportunities.
2 mins
October 09, 2025
Mint New Delhi
Road builders sweat as highway tenders dry up
After a prolonged slowdown in orders, India's road construction giants are keeping their fingers crossed for a long-awaited revival.
2 mins
October 09, 2025

Mint New Delhi
Advertisers push for transparency standards in ad sales
Some of the advertising industry's largest players have joined forces to propose new standards for transparency in the digital auctions that increasingly dominate ad sales.
4 mins
October 09, 2025

Mint New Delhi
Can Canara Robeco AMC retain equity edge?
Canara Robeco Asset Management Co. (CRAMC), India's second-oldest asset manager, is set to test investor appetite with its ₹1,326-crore initial public offering (IPO), banking on its strong equity focus, rapid growth momentum, and the trusted legacy of its joint promoters-state-run Canara Bank and Netherlands-based Orix Corp. Europe.
2 mins
October 09, 2025

Mint New Delhi
Will Q2 results put TCS out of its misery?
In business, a quarter can feel like a lifetime. Ask Tata Consultancy Services Ltd's (TCS's) chief executive officer, K. Krithivasan. The July-September period tested the country's largest IT (information technology) services firm on several fronts-one external, and two self-made challenges.
3 mins
October 09, 2025

Mint New Delhi
India pulls several anti-dumping levies on China, others
New Delhi has quietly allowed the expiry of anti-dumping duties on a range of goods from several countries including China, signalling a recalibration in its approach to trade protection.
2 mins
October 09, 2025
Mint New Delhi
JSW tweaks auto top deck before EV, truck launch
Sajjan Jindal-led JSW Group has introduced a series of changes to the boards of at least two ofits auto companies and changed the holding company of its component business between August and September, as the conglomerate gears up to launch cars and trucks next financial year.
2 mins
October 09, 2025
Mint New Delhi
Pharma deals soaring, but top drugmakers hold back
Dealmaking in India’s pharma sector has surged over the past two years as companies seek to beef up their portfolios and reduce reliance on the US market.
2 mins
October 09, 2025
Mint New Delhi
Has TaMo priced in worst of JLR?
Tata Motors Ltd is gearing up for its long-awaited demerger.
2 mins
October 09, 2025
Mint New Delhi
Adani taps SBI, Temasek, others for NMIA terminal
Airport entity in talks to raise ₹30,000 crore for Terminal-2 opening in 2029
3 mins
October 09, 2025
Listen
Translate
Change font size