TCS vs Infosys vs Wipro vs HCL Tech: Hiring plans, salary hikes, guidance— is the worst over for IT stocks?

Mixed Q1 results, cautious management commentaries, and persisting global uncertainties continue to haze the outlook for the Indian IT sector. The Q1 numbers were expected to be soft, but they seem to have come in even below expectations, disappointing the market. Consequently, the Nifty IT index has been in the red for three consecutive weeks on a weekly basis.

TCS, Infosys, HCL Tech, Wipro: Q1 results of the big four Indian IT players