So, just from a risk-reward perspective and from a cycle perspective, we like pure financials or pure lending institutions more than some of these other intermediaries at this point of time.
Q3 results today: TCS, Tata Elxsi, IREDA among 9 companies to announce earnings
TCS will release its Q3 earnings, with expected year-on-year revenue growth between 5.2% and 6.4%. Motilal Oswal forecasts an 8.1% PAT growth, while Kotak Equities