Amidst a slight downturn in share prices on Wednesday, Persistent Systems continues to draw analysts’ praise following its December quarterly performance. With margins exceeding expectations and a string of successful deals, the outlook remains bright; however, some analysts are calling for more transparency regarding the durability of these margin gains.
BofA cuts India’s Nifty 50 earnings forecast as stagflation fears rise
BofA Securities has significantly lowered its earnings growth forecast for Nifty 50 companies to 8.5% for FY27, citing rising stagflation risks and potential impact of