Infosys Vs TCS: Who’s leading the IT turnaround race now?

The IT Index saw deep cut in trade on Friday with Infosys shares registered the biggest dent as the street worried about the sustainability of its revenue trajectory. While announcement of TCS Q3 results cheered the market on hopes of a revival in IT deal spends, the expectation that Infosys may have a muted Q4 was decidedly a party pooper.