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Equity indices ended slightly lower on Wednesday due to investor hesitation ahead of the earnings season amid lower economic growth projections. Noteworthy stock movements include Delta Corp rising 3%, Waaree Energies falling 3%, and Tata Technologies gaining 0.37%. Analysts provided buy, sell, or hold recommendations based on technical analysis.
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TCS will release its Q3 earnings, with expected year-on-year revenue growth between 5.2% and 6.4%. Motilal Oswal forecasts an 8.1% PAT growth, while Kotak Equities anticipates deal wins of $9-10 billion. Analysts' focus includes growth, deals, pricing, and BFSI trends.
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Higher tax and wages will push up prices in the second half of the year, the British Retail Consortium says.
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