The unfavourable macroeconomic conditions in the key markets of the US and Europe have affected the spending behaviour of the clients, which is expected to affect the performance of the Indian software exporters. During such challenging times, the management commentary of these companies will be crucial in determining the medium and long term demand trend
Why US stocks are rising: Nasdaq hits record after weaker jobs data cools rate-hike bets; Nike shares drop on forecast
US stocks rose, with the Nasdaq Composite hitting a record high after disappointing jobs data emerged. Lower Treasury yields and declining oil prices contributed to