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Daily Money Show 414 - Infosys TCS Earnings
Original: # 414 Daily Money Show | Money Purse Stock Market News
Takeaway
Sharp correction with mixed IT-sector earnings; host emphasises portfolio discipline over reactive selling.
Summary
- Sensex -843 to 57,147; Nifty -257 to 16,983; midcap -1.66%, smallcap -1.46%, Bank Nifty -0.97%
- Indian markets opened severely lower on global cues; mostly garbled IT (Infosys, TCS) earnings discussion
- Company numbers cited: revenue +18% YoY, operating EBITDA +10.67%, PAT +8.41% YoY; QoQ revenue +4.84%, EBITDA +8.2%, PAT +9.94%
- Viewer Q&A on portfolio strategy: should investor sell to lock margin profit % or hold - host frames as investor mindset question
ITearningsmarket correction
Original description
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