
TCS shares rise 1% ahead of Q2; here’s what to expect from IT major
TCS is expected to post constant currency revenue growth of 1% with 20 bps cross currency headwinds translating into 0.8% QoQ dollar revenue growth.
TCS is expected to post constant currency revenue growth of 1% with 20 bps cross currency headwinds translating into 0.8% QoQ dollar revenue growth.
Companies overcome global headwinds and domestic challenges to ride the growth train.
NSE 500 clocked a record profit of ₹11.1 lakh crore in FY23, a rise of 8.8% over FY22 earnings of ₹10.2 lakh crore
There will be no change in relative positioning despite worsening macros as it has not translated to client cutting spending on existing projects, says ICICI Securities.
A company compounding its topline growth can be an encouraging sign for an investor that his firm is on a growth trajectory, though that doesn’t necessarily mean it is achieving growth profitably.
The Sensex and Nifty are set to fall in opening trade on Monday, mirroring weakness in Asian peers and bearish trends at SGX Nifty futures.
The Sensex and Nifty are set to open sharply lower on Friday, following weak cues from Asian peers and bearish trends at SGX Nifty futures.
The Sensex and Nifty are set to open higher on Thursday, mirroring gains in Asian markets and positive trends at SGX Nifty futures.
The Sensex and Nifty are poised to open higher on Wednesday, following a strong finish at Wall Street overnight and positive trends at SGX Nifty futures.
In a matter of 41 trading days, since the last life-high on February 16, the second wave of the Covid-19 pandemic has caused between 8% -9.8% correction in the benchmark equity indices until April 19.