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Graphic of the day: IT lag looms

Motilal Oswal projects stark Q2FY26 performance, with macro headwinds delaying a new tech spending cycle for over a year

Last Updated: Oct 07, 2025, 12:21 IST1 min
IT services faces severe sectoral headwinds in Q2FY26. Motilal Oswal projects HCL to lead with 5.2 percent growth, but TCS and Wipro are seen contracting. Macro pressures limit spending, and without a new tech “kicker”, major improvements may be 15 to 18 months away.
IT services faces severe sectoral headwinds in Q2FY26. Motilal Oswal projects HCL to lead with 5.2 percent growth, but TCS and Wipro are seen contracting. Macro pressures limit spending, and without a new tech “kicker”, major improvements may be 15 to 18 months away.

First Published: Oct 07, 2025, 12:21

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