Markets Hold 24,000! Wipro, Tech Mahindra Earnings & Capital Goods Rally in Focus | Market Edge

Описание: Indian stock markets ended on a muted note as Sensex closed flat and Nifty managed to hold the crucial 24,000 mark. Investors tracked Q1 earnings from IT majors including Wipro and Tech Mahindra, while capital goods stocks like ABB India and BHEL gained momentum.

Wipro reported strong deal wins but faced pressure on margins and guidance, while Tech Mahindra delivered a better-than-expected performance with strong deal bookings and margin improvement.

Market experts discuss Nifty levels, Bank Nifty outlook, IT sector recovery, EMS stocks, power sector opportunities and whether India’s capital goods cycle is entering a new growth phase.


#etnow #stockmarket #nifty50 #sensex #indianstockmarket #marketupdate #wipro #techmahindrashare #itstocks

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