Gold Silver Reports (GSR) – IT Shares Rise A Day Ahead Of Infosys Q4 Earnings – Shares of information technology (IT) companies were trading higher a day ahead of January-March quarter and full financial year 2017-18 earnings of Infosys.
Gauge of IT companies on the National Stock Exchange — Nifty IT index rose over 2 percent led by gains in TCS, HCL Technologies and Infosys.
✅ Expect steady growth rates, commentary for the current year to be the key
✅ Strong deal momentum in earlier quarters will aid midcap IT stocks in Q4
✅ HCL Tech likely to report highest dollar revenue growth while Wipro will be the lowest
✅ Pickup in the banking and financial services segment in the U.S. will be watched in Tata Consultancy Services as that will aid double digit growth