New Delhi, April 6 -- The March quarter (Q4FY26) results of the information technology (IT) sector would be uneventful, to say the least. Tata Consultancy Services (TCS) will kick-start with earnings on 9 April.

Demand remains constrained by prevailing client caution on discretionary technology spending. There are uncertainties around artificial intelligence (AI) adoption, changing pricing scenario, and potential deflationary impact on IT budgets.

"Our recent interactions suggest that overall client budgets have not increased materially and discretionary spending remains at bay," said a Jefferies India report on 26 March. While generative AI represents a structural concern, a prolonged West Asia war would begin weighing on demand assump...