Thursday’s earnings announcements include Tech Mahindra, HUL, and Axis Bank. Tech Mahindra anticipates strong profit growth but muted revenue. HUL expects subdued demand and flat volume growth. Axis Bank projects mid-single-digit net interest income growth with potentially muted profitability due to loan growth and stable margins.
Wait for dust to settle before taking fresh bets, says Maulik Patel
Geopolitical tensions and market swings prompt caution for investors. Maulik Patel of Equirus Securities advises patience, suggesting a wait-and-watch approach. He notes current crises differ