We expect Indian market to do well over the long term: Adrian Lim

We expect Indian market to do well over the long term: Adrian Lim

“I think in consumer discretionary and consumer staples for example the underlying health of demand has actually been pretty steady throughout the last few quarters,” says Adrian Lim, Aberdeen Standard Investments. How things are moving in terms of inflation and emerging market currencies, what is your sense for what lies ahead now?I think we can … Read more

Index stocks to hog limelight next week as broad market rally pauses

Index stocks to hog limelight next week as broad market rally pauses

MUMBAI: Blue chip index stocks are likely to remain the preferred bets for investors, both domestic and foreign, next week as the rally in the broader market shows signs of fatigue. This week, largecap stocks were rank outperformers to smallcap and midcap stocks for the first time in several months and marked a likely shift … Read more

TCS Q1 results: Profit slips 13.81% YoY to Rs 7,008 crore; misses Street estimates

TCS Q1 results: Profit slips 13.81% YoY to Rs 7,008 crore; misses Street estimates

New Delhi: Tata Consultancy Services, India’s biggest IT company, on Thursday reported 13.81 per cent year-on-year (YoY) fall in profit at Rs 7,008 crore for the first quarter ended June 30. Analysts in an ET NOW poll had projected the figure at Rs 7,680 crore. Consolidated revenue of the company inched higher by 0.39 per … Read more