Analysts say the surge in AI consulting, cloud migration and enterprise AI projects will keep the global IT services market expanding rapidly. HCLTech's large contract is viewed as a catalyst that could reverse the recent slump in Indian IT shares. The deal underscores the growing demand for firms with strong digital capabilities, which may boost investor confidence in the sector.
Analysts say the surge in AI consulting, cloud migration and enterprise AI projects will keep the global IT services market expanding rapidly. HCLTech's large contract is viewed as a catalyst that could reverse the recent slump in Indian IT shares. The deal underscores the growing demand for firms with strong digital capabilities, which may boost investor confidence in the sector.