Israel-related stocks fall globally as war escalates
Saturday’s assault has sparked fresh concern about geopolitical risks at a time when global financial markets already were grappling with the impact of higher interest rates and the slowdown in China’s economy. Oil prices surged while US stock-indexes dropped.
Largecaps likely to offer best returns going ahead: Experts
Analysts said whenever the market rebounds from the current weakness, large-cap stocks are more likely to outperform their smaller peers. This is because the valuations of mid-cap and small-cap stocks are considered stretched.
Shekel slumps despite $45-billion central bank pledge
The central bank said it would sell as much as $30 billion and extend up to $15 billion through swap mechanisms as part of an unprecedented program to support markets, according to a statement on Monday. The goal of operating in the market during the coming period is to smooth out volatility in the shekel’s […]
TCS Q2 may reflect slowdown in spends despite deal wins
The operating margin (EBIT margin) is expected to improve by 70-90 basis points sequentially due to operating efficiency and absence of major salary increments as they were implemented in the previous quarter. The company reported an EBIT margin of 23.2% in the June quarter