<ul><li>Nirmal Bang's top picks in the sector now are TCS, Infosys and HCL Tech from Tier-I and Coforge from Tier-II.</li><li>Persistent and Coforge will lead the pack with double digit growth and hence commands valuation premium, says Nirmal Bang.</li><li>IT index has corrected ~26% on a year-to-date basis capturing concerns of a US economic slowdown.</li><li>Near-term headwinds include delayed decision making, trade war, and slower Fed rate cut cycle.</li></ul>

IT Sector Q4 Results Preview: Cautious Exit To FY25; Mid-Tier Outpaces Large Peers, Says Nirmal Bang

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