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

India’s WPI Inflation data, major companies’ Q2 earnings, China Q3 GDP, and more

India’s WPI Inflation data, major companies’ Q2 earnings, China Q3 GDP, and more

The week beginning October 16 is packed with important national and global macroeconomic data releases that could potentially impact the financial markets. In India, WPI inflation readings for the month of September will be released next week (October 16). Additionally, figures for bank loan growth and deposit growth data will be released by the Reserve … Read more