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TCS announces a 12% profit increase for Q3 FY25 with revenue growth, alongside an interim dividend declaration.
Foreign portfolio investors are cautious on the Indian market, awaiting clarity on Q3 FY25 earnings and valuations amid significant market volatility.
The Sensex plummets 1,258 points, driven by poor Q3 results and economic slowdown concerns, indicating broader market challenges.
Titan Company Ltd announced a 24% growth in Q3, driven by strong festive demand particularly in jewelry and watches.
HSBC reports a slowdown in revenue growth for India’s household durables in Q3 due to low consumer demand and climatic factors.
Domestic markets focus on corporate earnings, FPI trends, and GDP growth data as pivotal influences on market sentiment this week.
Economists caution that moderation in economic activity after festivals may lead to lower Q3 growth in India, risking the projected GDP figures.
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