Page 40 of Nitish Kumar

Indian IT sector set for steadier quarter with TCS, HCL Technologies, Persistent Systems, and Tech Mahindra announcing results. Kotak Institutional Equities expects 0.2-6% sequential growth and steady margins. Concerns include H-1B visa rules and impact of weak rupee. Focus on TCS’s planned layoff of 12,000 employees and Infosys’s expected 1.8% growth.