IT Sector earnings review: Axis lists top hits and misses in Q2; picks 3 top stocks

IT Sector earnings review: Axis lists top hits and misses in Q2; picks 3 top stocks

The Indian IT services industry is facing near-term challenges due to the economic slowdown and weaker macroeconomic outlook. However, its long-term outlook remains robust with the economy showing signs of recovery. In a recent report, brokerage house Axis Securities said that it believes that the said recovery will begin in the second half of the … Read more

Sensex, Nifty 50 end over 1% lower led by financials and IT

Sensex, Nifty 50 end over 1% lower led by financials and IT

Market At Close | Weak Global Cues Drag Sensex, Nifty 50, Broader Market Falls The Most Sensex Breaches 65,000 To End At Lowest Closing Level In 4 Months Nifty & Midcap Index End At Lowest Closing Levels In Nearly 2 Months Midcap Index Falls Nearly 3% To Post Biggest Single-day Fall In 2 Months BSE Companies … Read more