IT stocks valuation: After strong Q3 results, will the top IT stocks sustain high valuations?

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ET Intelligence Group: Vendor consolidation in the global technology sector is turning out to be in favour of the Indian software exporters. On Wednesday, Infosys and Wipro, the country’s second and the fourth largest IT companies in that order, reported strong December quarter numbers along with a sustained traction in deal wins. This was similar to their biggest peer TCS, which declared results last Friday. A spate of large deal wins amid

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