The fourth quarter earnings season is gaining traction, with key companies like Airtel, Tata Motors, and Cipla set to announce their results. Tata Motors anticipates flat revenue growth and margin pressure, particularly in its JLR business. Hero MotoCorp expects modest revenue growth driven by improved average selling prices, with profitability projected to rise in the high-single digits.
Yen weakens after intervention-led surge ahead of BOJ policy decision
The Japanese yen faced renewed pressure after Tokyo intervened in currency markets. The dollar gained as traders questioned the US Federal Reserve’s inflation stance. Japan