Infosys reported results below expectations, impacting its stock performance negatively. Other major IT companies also showed weak revenue growth in dollar terms. AI-driven sales are gaining traction, though still on a small base. Profitability varied across companies, with some margins contracting and others improving. Stock valuations reflect uncertainty over future growth prospects and market conditions.
Can Nifty, Sensex extend gains after rallying up to 2% last week? 4 factors to watch on Monday
Indian benchmark indices Sensex and Nifty ended the week higher, gaining up to 0.5%, even as broader markets declined amid rising crude oil prices above