Infosys Q2 Earnings Today : Five Things to Watch out For — The second largest IT player by revenue, will report its second quarter results on Tuesday. All eyes will be on any revision in revenue growth guidance for FY19, outlook on BFSI space, performance of digital vertical and upward estimate in margins, if any, in the wake of rupee depreciation.
Stock Market
At Gold Silver Reports, we provide the latest stock market news and trading tips covering NSE, BSE, and global markets. Get expert analysis, intraday calls, and investment insights to make informed trading and investment decisions in the share market.
D-Mart Shares Price Slip Over 5% after Q2 Results
Shares of Avenue Supermarts Ltd fell as much as 5.86% to Rs 1,328 per share on BSE after the company reported lower-than-expected quarterly earnings due to price cuts.
Dr Reddy’s Labs Recalls 35,000 Tubes of Skin Infection Cream from US
Gold Silver Reports (GSR) – Dr Reddy’s Laboratories’ US arm is recalling over 35,000 tubes of Nystatin and Triamcinolone Acetonide cream on account of failed stability specifications, USFDA said.
Stocks Outlook : Bank Of Baroda, GM Breweries, TCS, Yes Bank
✅ Sundaram Clayton inaugurates its new foundry in Chennai with an investment of Rs 150 crore to significantly expand its capacity. This expansion will primarily serve to Hyundai Motor India Limited.
Nifty, Sensex set to open Lower amid Sell off in Global Markets
Nifty, Sensex set to open Lower amid Sell off in Global Markets — Benchmark indices BSE Sensex and NSE’s Nifty 50 are set to open lower on Thursday in line with global markets. Asian share markets sank in a sea of red after US stocks suffered its worst drubbing in eight months.
China and European Woes Weigh on Equities But Buy the Dollar
The markets are having a rough adjustment to the return of the Chinese markets are the week-long holiday. The cut in the required reserves failed to lift investor sentiment. The Shanghai and Shenzhen Composites fell almost 4%, and the yuan slid nearly 0.8%. It is an unusually large decline for the closely managed currency.
China Moves Up to World’s Second in Outward FDI Stock – Gold Silver Reports
China’s outward foreign direct investment (FDI) stock has reached over $1.8 trillion by the end of 2017, up by $451.65 billion from a year ago, said an official from the country’s Ministry of Commerce (MOFCOM) at a press conference held Friday.