The December quarter earnings season is set to kick off this week for Nifty50 companies. TCS, Infosys, HCL Tech and Wipro are the ones slated to post their Q3 numbers between Thursday and Friday, with most analysts pencilling in a weak show. Here’s a look at the Nifty50 companies that may post an over 15% year-on-year (YoY) decline in Q3 PAT, according to estimates by Motilal Oswal:
Tech View: Nifty forms Doji candle but crosses 200-DMA? What traders should do on Monday
Nifty crossed the 200-Day Simple Moving Average (23,860) but couldn’t sustain, forming a Doji candle on the daily chart. The weekly chart shows an inside