Slowdown in revenue growth for Indian tech shares threatens stock surge. Profit estimates for Indian companies are moderating, with growth at 17.7%. Infosys and Tata Consultancy Services to report slow sales growth. Reduced spending and slower revenue conversion are likely to dent investor optimism. Weakness in the services industry can impact the broader economy.
Monday dawns, stock markets hold their breath
On Black Monday, the Dow Jones Industrial Average in the US plunged 22.6% – the steepest one-day percentage drop in its history. The selloff was
April 7, 2025