The Indian equity market exhibited volatility over the past week, ultimately closing marginally lower amid mixed signals. After a subdued start, the Nifty 50 index remained range-bound for most of the week, showing signs of fatigue. Selective buying in key heavyweights across sectors kept the sentiment positive. In the first week of August, investors will …
In the first quarter of FY25 (Q1FY25), companies within the Motilal Oswal Financial Services Limited (MOFSL) coverage universe are poised to showcase robust performance, driven by resilient demand trends and strategic initiatives across various sectors. MOFSL forecasts a notable year-on-year growth in revenue and EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for its coverage …
Indian stock market opened July on a spectacular note and achieved its longest winning streak since December 2023 amid the relentless bullish rally powered by the return of foreign funds and investor sentiments stabilising over Modi 3.0 coming to power. Bulls seem to have tightened their grip on Indian markets ahead of Union Budget 2024, …
IT sector companies will kick off the earnings season for the first quarter of FY25, with Tata Consultancy Services (TCS), Infosys, Wipro, and others leading the way in announcing their Q1FY25 results. The earnings of the IT services sector for the April-June 2024 quarter is expected to be a mixed bag with sluggish revenue growth …