TCS will announce its Q2 results on Friday, 8 October 2021. Infosys will announce Q2 results on 13 October 2021.
Wall Street stocks surged to a higher close on Friday boosted by positive economic data.
Sensex could slow down from here on or even correct a bit. Thus one needs to remain extremely cautious.
On the coronavirus front, investors would continuously watch out government's course of action along with progress on the vaccination drive.
On the flip side, 17,450 – 17,300 is seen as key support and the first sign of weakness will be seen only if we slip below the same.
Blue Dart Express announced its general price increase, effective from 1 January 2022.
On the BSE, 1,920 shares rose and 1310 shares fell. A total of 167 shares were unchanged.
Asian stocks traded lower on Wednesday following an overnight tumble on Wall Street and bond yields spiked on concerns about inflation.
If you consider an average earnings growth of even 10% and inflation of another 6%, then the PE would shrink further going further.
Ajit Mishra of Religare Broking is positive on Berger Paints with a target price of Rs 860