Aniruddha Naha of PGIM India AMC remains positive on Indian markets, particularly financials, citing strong macro fundamentals and reasonable valuations. He anticipates FII inflows to initially benefit largecaps, eventually spreading to mid and smallcaps. Naha favors financials (especially NBFCs), capital goods, and discretionary consumption, driven by rate cuts, liquidity, and improved consumption trends.
Hexaware Technologies Q2 Results: Profit jumps 38% YoY to Rs 380 crore but misses estimates
Hexaware Technologies posted a 38% YoY profit rise to ₹380 crore in Q2, but missed expectations due to higher costs and muted revenue. Revenue guidance