Tech Mahindra Slides 4% as IT Sector Faces Pressure

Tech Mahindra shares fell nearly 4%,contributing to a decline in the BSE IT index amid sector-wide weakness.Investor sentiment was impacted by concerns over moderating global technology spending and currency volatility affecting margins.Market participants are closely assessing demand visibility in key international markets. Analysts indicated that sustained deal wins, margin management,operational efficiency will be vital to restore confidence in the IT services space.