(So-called) Recession is going on since last year or longer. But there are clear sign of end of recession in atleast in Information Technology sector in India.
- Recent results of Tech giant Infosys ,which even pushed stock price of TCS alot.
- IPO of Infinite over subscriced 43x times & 11x times in Retail category, surely suggests investors confidences back in IT bussiness.
- Ascent, job advertisement supplement of ToI is full again with IT jobs.
At-least picture looks bright in media, god knows what is holding inside.