The Q4 earnings season gains momentum with 41 companies set to announce results on Monday, including M&M and IHCL. M&M is projected to report a net profit surge of 16-21%, driven by strong volumes, potentially reaching ₹2,312-₹2,411 crore. Revenue is expected to rise by 18-22%, ranging from ₹29,742-₹30,744 crore.
Sensex, Nifty rally over 1% as IT stocks drive broad-based market gains
Indian stock gauges rose over one percent on Wednesday. Overseas fund flows are expected to shift into local technology companies. The Nifty and Sensex closed