The Nifty50 formed a triple bottom around 22,780 on the daily scale, indicating strong support. However, the red candle on both the daily and weekly charts signals a lack of strength in the upside recovery, according to experts.
HCL Tech’s margins and constant currency growth to remain under pressure: Aditya Shah
Market watchers responded cautiously to the latest quarterly numbers, which fell short of expectations in growth and margins. While new deal wins were announced, concerns