India’s top IT firms have started their earnings season with results slightly better than expected. Companies like TCS and HCL Tech are managing costs and benefiting from currency movements. However, underlying business growth remains slow. Experts suggest that while current performance is acceptable, significant demand revival is not yet visible.
F&O Talk: Smallcap index better placed than Nifty, says Sudeep Shah; picks 9 stocks for next week
SBI Securities expects Nifty’s breakout to strengthen if it crosses 24,450, opening the door to 24,900. While small-caps continue outperforming, Bank Nifty retains a positive