The third quarter earnings results will be announced by 134 companies, with key players such as Nestle India, IndusInd Bank, Sun Pharma, ONGC, Vedanta, and Marico in focus. Nestle’s profits are expected to show marginal growth, while IndusInd Bank may see a significant decline in PAT due to slower loan growth and rising slippages.
FPIs withdraw Rs 5,479 crore from IT stocks in first half of July
In the first half of July, Information Technology stocks saw significant foreign outflows. Overseas investors sold shares across nine sectors. Fast Moving Consumer Goods and