ilmscore | Prediction Details
"So basically correct correct so it is as good as may not be stopping outsourcing per se. It's it's difficult but they may delay the projects or they may cut down on the spending. Okay. Whatever they feel this is a non-essential thing let's cut down let's wait they'll hesitate to you know renew right away dips is saying persistent took big hit absolutely right uh so the moment you see that there are recessionary fears uh first sector to go down for India could be it"
By CA Rachana Phadke Ranade | April 3, 2025 | Correct
From video
Trump Tariff Trouble: Indian Stocks & Sectors to Watch | CA Rachana Ranade 00:52:36 - 00:53:10
Interpreted Prediction
Recessionary fears in the US may lead to delayed projects, reduced spending on IT services, and hesitation in contract renewals, making the IT sector the first to be impacted in India.
AI Evaluation Notes
The prediction suggested that recessionary fears in the US could negatively impact the Indian IT sector through delayed projects and reduced spending. While a full-blown recession may not have occurred, reports indicate a slowdown and increased caution in IT spending due to global economic uncertainties, aligning with the prediction's general direction.

Prediction Details

Topic
Indian IT Sector

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