Indian benchmark indices ended the week lackluster, with Nifty finishing the week 0.5% lower. A host of important domestic and global events lined up during the week are likely to impact stock markets when they resume trading on Monday. On Friday, Nifty declined 225.10 points or 0.9% to end the day at 24,837. Commenting on…
Tier-1 IT services company Wipro will announce its Q1 earnings on Thursday, July 17. The company is expected to post soft revenue growth due to continued demand weakness in key markets like Europe and challenges in client budgets. However, brokerages project stable margins, supported by cost control and currency tailwinds. Profit after tax (PAT) is…
Domestic volume growth aided by improvement in rural market and international business to lead FMCG company Dabur India‘s revenue growth in the first quarter. Revenue for the April-June 2024 period is likely to rise 6% year-on-year, according to an average estimate of four brokerages. Net profit is also seen rising 6% year-on-year. Domestic volumes during…