U.S. Equity Index and Sector Breakdowns Remain Absent; Buying Communications & Services Stocks
Until we start to see breakdowns at the Sector and index level, we remain constructive overall. Charts highlighted: XOP, JETS, S&P 500, IWM, IWC,...
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Cartrade Tech IPO Trading - Decent Demand but It Remains Expensive
CarTrade Tech raised around US$400m in its India IPO. The company is backed by Warburg Pincus and Temasek. It is an online portal for sale of cars...
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Sensex Dec 2021 Index Rebalance Preview: Wipro Could Be IN, Pushing Bajaj Auto OUT
Half way through the review period for the Sensex, we expect Wipro replaces Bajaj Auto at the December rebalance. Both stocks trade cheaper than...
415 Views
Global Equity Strategy: Reason For Caution; Actionable Themes: Services/Technology & Staples
With interest rates expected to move sideways to lower, we recommend a mix of growth and defensive Sectors. Today we focus on Services/Technology...
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Wipro Q1 Results: PAT Rises 9% QoQ to Rs 3,243 Cr, Beats Estimates; Sales Rise 14%
Consolidated sales of Wipro for the quarter ended June 2021 at Rs.18467.40 crore registered a growth of 14% QoQ and a 24% YoY. The IT services...
146 Views