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Rahul Sharma of JM Financial Services advises booking profits on Nifty longs due to resistance levels and gap-up driven rally. He suggests focusing on banks and financials, particularly Cholamandalam Finance and Bank of Baroda. Adani Ports is also highlighted for potential upside. He recommends underweighting midcaps and smallcaps, favoring largecaps and sectors like domestic consumption.
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News and Media
Wipro faces revenue growth challenges, particularly in Europe, despite growth in America. The company focuses on large deals and cost optimization to maintain profitability amidst margin pressures. Strategic priorities include targeting key accounts, building AI-powered solutions, and upskilling talent. Wipro is committed to returning capital to shareholders while navigating uncertain market conditions.
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News and Media
The supermarket giant forecasts pressure on profits as competition for customers intensifies.
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News and Media
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