Moneycontrol Bureau
Tech bellwether Infosys will kickstart earnings of software services providers next week and its going to be a tight rope walk between a depreciating rupee and tough business environment in US and Europe. Rupee depreciation should ideally spell good news for IT companies. However, the cheers will be short-lived this time around, and the uncertainties in the macro environment led by the Eurozone debt crisis will weigh high on the third quarter earnings and future guidance. "The business outlook has deteriorated over the past few months. Our interactions with most companies suggest moderation in commentaryDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
