TCS, Infosys, HCL Tech, other IT stocks jump up to 3% despite weak market sentiment. What to expect as Q2 earnings season begins? ↗
IT stocks rose on Thursday as investors turned their attention to TCS, which is set to kick off the Q2 earnings season. Analysts expect modest sequential revenue growth, while a favourable base and margin support could aid year-on-year growth. Currency tailwinds may also support margins across Indian IT services companies.
2 sources
- The Economic Times Markets · 8 Oct, 11:26 IST
- The Economic Times Stocks · 8 Oct, 11:26 IST
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