On March 21, the leading IT services provider globally revised down its revenue forecast for fiscal year 2024, citing economic uncertainty. This adjustment comes as clients have scaled back spending on consulting services. Accenture’s updated outlook now anticipates full-year revenue growth to range between 1 percent to 3 percent, aRead More →
The baseline scenario incorporates the expectation of sustained disinflation and a decline in yields, a moderate global economic growth deceleration, favorable oil and commodity prices, and a positive outcome in the 2024 general elections. Also read: MobiKwik IPO: 7 crucial things to know from DRHP Nevertheless, India faces substantial risksRead More →
The shares of Fortis Healthcare Ltd witnessed a 6% surge on Monday, propelled by the “Buy” recommendation and an upward revision of the target price from ₹388 to ₹475 per share by Japanese broking firm Nomura. As of 10:55 am, the stock was trading at ₹443.95 apiece on the NSE,Read More →
Most banking stocks traded volatile in morning trade on Friday (June 23) keeping their sectoral index Nifty Bank shaky. The Nifty Bank index was down 0.15 per cent lower at 43,661.25 with shares of State Bank of India, Federal Bank and IDFC First Bank as the top losers. The indexRead More →
