Investec maintained a “Sell” rating on Wipro, foreseeing limited downside but improved capital allocation. Axis Capital upgraded Infosys to “ADD”, citing growth stability and efficiency gains. Goldman Sachs reiterated a “Sell” on D-Mart due to rising competition and market penetration limitations.
Recession clouds hover over US– Is India the silver lining? Arvind Sanger answers
Arvind Sanger of Geosphere Capital Management suggests that Indian equity markets may have bottomed out despite global recession concerns. He highlights India’s resilient domestic economy
April 19, 2025