- August 21, 2022
- by Vaseline
Information technology (IT) stocks have been on shaky ground over the past few months, largely on concerns over a US-led recession that may hurt corporate deal pipelines and eventually revenue growth. Against this background, it is important to monitor the development of the banking, financial services and insurance (BFSI) industry. Analysts estimate that this segment accounts for almost 25-33% of Indian IT sector revenue.