Tech Mahindra’s Q2FY26 results are out. Net profit dipped year-on-year, but revenue saw an increase. Earnings Before Interest and Taxes showed strong growth. Brokerage firms have shared their views. Goldman Sachs, Morgan Stanley, and Nuvama have issued ratings and target price adjustments. Investors are reacting to these financial figures and expert opinions.Read More
In a day of fluctuating sentiment, Indian stock markets responded to a blend of global influences. The robust earnings from US banks uplifted investor optimism, yet lingering trade disputes between the US and China loomed large over the scene. Additionally, statements from Federal Reserve Chair Jerome Powell regarding the economic outlook are adding layers of complexity to trading strategies.Read More
The International Monetary Fund has increased India’s economic growth forecast for the fiscal year 2026 to 6.6 percent. This positive outlook comes despite recent US tariffs on Indian goods. India is projected to achieve the highest growth rate among advanced economies, emerging markets, and developing countries for the current and next fiscal years.Read More
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