Markets may take cues from IT cos results
Shital Jibhe / 05 Apr 2017
Markets, while trading at all-time highs and showing no signs of let up, will be taking direction from the quarterly results of bellwether IT companies such as Infosys and TCS.
Markets, while trading at all-time highs and showing no signs of let up, will be taking direction from the quarterly results of bellwether IT companies such as Infosys and TCS.
Infosys will be declaring its quarterly results on April 13 while TCS will be declaring its results on April 18. Wipro will be announcing its results on April 25.
IT companies have been underperforming the markets even as Indian rupee traded at 19-month high. Market participants will be closely watching the management comments on the growth prospects and the overall outlook for the industry.
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