Infosys reported a minor rise in its sequential revenue in Q2 2021 due to an increase in the total contract value of new deals from the previous quarter. The company announced a mega deal worth $2 billion earlier in the same week which added to the healthy business momentum.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and