Indian equity benchmark indices, Sensex and Nifty 50, are expected to open on a cautious note on Friday tracking mixed global market cues, while investors will take cues from the domestic corporate earnings for the December 2023 quarter. Indian IT services majors Tata Consultancy Services (TCS) and Infosys reported their Q3 results on Thursday, kicking off the earnings season for the third quarter of FY24. TCS reported 6% sequential rise in Q3FY24 net profit to Rs 12,016 crore, while its revenue increased 1.5% QoQ to Rs 60,583 crore. Stocks to watch out includes TCS, Infosys and IT readthrough, Oil & Gas companies, Nykaa amongst others. Catch Nickey Mirchandani in conversation with Hemen Kapadia, Senior Vice President, Institutional Equity, KR Choksey Shares & Securities Pvt Ltd and Amit Jeswani , Founder of Stallion Asset.
first published: Jan 12, 2024 09:12 am
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