HR experts estimate that up to 70 per cent companies in the manufacturing and services space including sectors like auto components, edutech and construction equipment are looking to restore the salary cuts over the next couple of months.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Reliance Industries was the top Sensex gainer up 5.6% after the company reported better-than-expected net profit growth at 12% in the second-quarter aided hby higher gross refining margins.
ONGC was the top gainer which surged over 4% followed by Axis, SBI, CIL
The current valuation is 38 per cent higher than the 10-year average of 22x and over 50 per cent higher than the 20-year average of around 20x.
'Kindly advise about the following stocks. Can I hold or exit?'
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While cost pressures could partly offset the expected gains, given the currency hedging by companies the gains will not accrue immediately.
Tatas' brand value grows 12% in the past year, far ahead of Reliance and Airtel.
While recruitment is falling, the capabilities needed to land an IT job are stiffening.
Analysts factor in 200-300-bps impact on sales in FY16
Sensex closed over 118 points down on Thursday.
The BSE Midcap and the BSE Smallcap indices pared all intraday gains to end 0.3% and 0.5% lower
It goes without saying that the best performers are in the private sector, says TN Ninan.
IT stocks saw massive selling pressure on Monday, falling as much as 6 per cent, after the rupee surged to 58.37 against the US dollar intra-day.
'Cognizant's results indicate that digital related spends can more than offset headwinds in traditional services'
The 30-share Sensex closed down 114 points at 28,622 and the 50-share Nifty ended down 37 points at 8,686.
Stocks of companies having operations and exports to Europe were the top losers.
Why hasn't India produced a single earth-shaking idea like Python or the World Wide Web, asks Ajit Balakrishnan.
The recovery was led by information technology exporters.
Nadar and his family donated Rs 826 crore, while Azim Premji gave Rs 453 crore and Ambani parted with Rs 402 crore, according to the Edelgive Hurun India Philanthropy List 2019.
Making employers provide creche facilities would be a powerful incentive for women to stay on in the workforce rather than drop out owing to the pressure of child care, says Shuma Raha.
IT services firm Tech Mahindra on Thursday posted a 57.6 per cent growth in consolidated net profit at Rs 718.4 crore (Rs 7.18 billion) for the second quarter ended September 30, aided by growth across verticals especially retail, travel and logistics and uptick in demand from Europe.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
FII stance, progress of monsoon, crude oil and rupee movement are likely to dictate the trend.
IT majors along with metal names Sesa Goa and Hindalco buck trend.
FPIs sold shares worth a net Rs 1236.95 crore on Friday.
Congruence on terrorism, current disquiet on immigration, short-term visa would top the wish list.
Mid- and small-cap companies seem to have done better than top-tier companies
Modest growth projections hits IT sector.
Capital Goods shares ended mixed on the back of weak IIP numbers. L&T ended down 0.7% while BHEL ended with marginal gains.
The NSE 50-share index, after moving between 10,469.90 and 10,395.25, finally concluded at 10,458.65, up 41.50 points
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
This is a shift as until recent months, fund managers were reducing exposure to these sectors.
Tata remains India's powerful brand with its value ring over $15 billion for the first time.
After taking over scam-hit Satyam, Techn Mahindra has made many structural changes in the latter to turn it around.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
The Nifty is up 6.5% in the last 12 months. The NSE IT Index is down 10% in the same period. But will the sentiment improve going ahead?
Smaller cities like Pune and Noida score better than 'Vibrant' Gujarat's Ahmedabad.
Markets in green tracking firm global cues.
His compensation in FY17 was more than the combined salaries of the entire boards of TCS, Wipro and Infosys. 'I am a self-made man from a very modest background,' Tech Mahindra's CEO C P Gurnani tells Shyamal Majumdar.
