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Looking at a flattish quarter for Indian IT space for Q3: Ajay Bagga
Ajay Bagga expresses caution about the NBFC sector and expects a decline in revenues, margins, and growth trajectory. The truck and vehicle finance sectors are performing well, but the rural demand has not picked up. In the IT sector, there is a slowdown in orders, and companies need to focus on new revenue avenues such as artificial intelligence and cloud growth.
