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Technology shares in India are experiencing sustained pressure as global enterprises tighten spending on digital transformation projects. Market analysts suggest the sector may face prolonged challenges amid shifting client priorities and economic headwinds affecting technology investments worldwide.
India’s prominent information technology sector continues to face significant headwinds as global corporations reportedly scale back their technology expenditures, according to recent financial analysis. The downward trend has persisted through recent trading sessions as India-based IT service providers navigate what sources indicate is a challenging period for technology spending worldwide.
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