Muted Q4 for IT; Weak Rupee Offers Partial Cushion.

, , — large-cap IT exporters with high global exposure, directly impacted by demand trends and currency movements. Q4 results from IT firms remained subdued due to weak client spending. A softer rupee provided some earnings support, but cautious FY27 guidance reflects uncertain demand recovery. Highlights sensitivity to global demand cycles and currency. Investors track deal wins, guidance, and margin resilience. Sector performance depends on macro demand visibility and currency dynamics.