By Ankur Banerjee Dollar stable, yen wobbles ahead of US inflation data SINGORE -The dollar was steady on Tuesday and the yen inched away from one-month highs in cautious trading as investors braced for U.S. inflation data and reassess expectations of a large interest rate cut from the Federal Reserve next week. A mixed labour report on Friday failed to …
TCS Q2 Results To Be Out Today: Tata Consultancy Services, India’s largest IT services provider, will on Wednesday kick-start the Q2 earnings season. Update: TCS Q2 Results: Net Profit Rises 8.7% YoY To Rs 11,342 Crore, Rs 9 Interim Dividend Declared Forecasting a single-digit growth, brokerage firm Kotak Instiutional Equities in its report said, “We forecast marginal revenue growth due …
Indian government bond yields edged lower today while rupee jumped sharply against the US dollar after a cooler-than-expected rise in US consumer prices buoyed bets for a slowdown in rate hikes by the Federal Reserve. The US data comes after India's retail inflation reading showed a moderation, rising 5.88% in November against a 6.77% increase in October. Similar to retail …
Rupee vs dollar: On expectations of 25 bps to 50 bps interest rate hike in the European Central Bank monetary policy meeting scheduled on 21st July 2022 and dollar index trading slightly lower in early morning session, Indian National Rupee gained 6 paise against the US dollar and ascended to 79.76 levels on Monday. According to currency experts, dollar index …
Even as the earnings season is going on and companies are disclosing their financial results, IT major Wipro is going to disclose its results on Friday. HDFC Securities in a report said, “Factored IT services USD revenue growth of 11 per cent over FY22-24E following 27 per cent growth in FY22E and EPS CAGR of 12 per cent over FY22-24E, …
