Shares of Indian IT outsourcing companies Infosys, HCL Technologies, and Wipro experienced a boost following Donald Trump's victory in the recent U.S. presidential election. These firms are expected to comment on the potential impacts of Trump's presidency on their operations during their upcoming earnings reports. However, overall Indian shares declined as concerns over earnings overshadowed gains in the IT sector. Despite the resilience shown by the IT sector, broader indices faced downward pressure due to uncertainties surrounding Trump's policies and high market valuations. Analysts anticipate that consolidation in the market may continue in the near term as investors remain vigilant regarding developments in the U.S.