Indian equities get a modest lift today as the IT pack stays in focus, with Infosys rallying on renewed tech optimism and HDFC Bank drawing attention after naming an ICICI veteran
Indian equities get a modest lift today as the IT pack stays in focus, with Infosys rallying on renewed tech optimism and HDFC Bank drawing attention after naming an ICICI veteran as a top executive pick. The broader backdrop remains heavy, though, with foreign outflows and firm global rates keeping benchmarks under pressure, a concern the finance ministry itself flagged by warning that growth cannot be taken for granted. The rupee's sensitivity to crude and US yields continues to shape the currency picture, leaving sentiment cautious despite pockets of stock-specific strength.
Sources
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