IT earnings, macro data to guide stock markets this week: Analysts
Quarterly earnings from IT majors Infosys and Wipro, macroeconomic data announcements and global cues would be the major drivers for the equity markets this week, said analysts. Leading IT companies Infosys and Wipro and other players such as Mindtree, Tata Elxsi and HDFC AMC would announce their financial results this week. Moreover, industrial production numbers, retail and wholesale inflation data would be released this week. “This week, markets would take cues from earnings announcements and macroeconomic data ie IIP, CPI inflation and WPI inflation. Besides, global cues, monsoon progress and…
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