Q4 results today: Adani Transmission, IRCTC to Sobha - these companies to announce earnings on Monday, May 29
The share of the information technology sector in the overall corporate profits pool plunged to at least a 21-quarter low of 9.7% in the March quarter, a Mint analysis of the latest corporate earnings data showed.
The Indian benchmark equity indices rallied over a percent Friday led by sustained foreign funds inflow amid positive global and domestic cues. The US debt ceiling negotiations and the last round of corporate earnings were on investors’ radar throughout the week.
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