neutral
Recently
Infosys-led rally nudges Indian benchmarks higher after earnings beat
Indian markets advanced as Infosys earnings lifted IT stocks, while selective bank buying supported benchmarks despite cautious global sentiment and valuation concerns.
Indian equity benchmarks edged higher after Infosys reported stronger than expected earnings, lifting IT sector sentiment. Optimism around deal wins, stable margins, and improved client spending visibility supported gains. State-owned bank stocks advanced on selective buying. Investors stayed cautious ahead of global cues, but earnings-driven momentum offset valuation concerns, foreign fund flow worries, and near-term macroeconomic uncertainty.