Full business normalization is still a few quarters away. The global investment bank slashed FY23-25E EPS estimates by 7% to factor in a relatively slower topline growth and management commentary on the call.
Sensex falls over 100 pts, Nifty below 22,550 as market heads for 8th weekly loss, overtaking COVID crash. More pain ahead?
Indian equity benchmarks Sensex and Nifty fell for a fourth straight session on Thursday, heading for their eighth consecutive weekly loss. Driven by intense FII