Tuesday, 18 April, 2023

Fall In IT Stocks Not A Disaster, Says Devina Mehra

Devina Mehra, Co-founder and Director of First Global, has stated that the recent fall in Indian IT stocks is a "knee-jerk reaction" and not a disaster that will last forever. According to Mehra, the COVID-19 pandemic has caused a shift in the industry towards digitalisation, which will continue to drive growth. She also believes that the demand for IT services will continue to grow, despite concerns over inflation and interest rates.