The Q4 earnings season is gaining traction, with LTIMindtree, Bajaj Housing Finance, and Tata Tele Services among 28 companies set to announce results. Bajaj Housing is expected to report strong profit growth, potentially up 61% to ₹613 crore. However, LTIMindtree anticipates flat revenues due to weakness in travel and hi-tech sectors, impacting margins despite cost-cutting efforts.
Rising concentration in AI stocks poses a risk: Kunal Kapoor, Morningstar CEO
Kunal Kapoor, the CEO of Morningstar, voiced unease about the dangers of focusing investments heavily on AI stocks during his Mumbai trip. He stressed that