Business News

Nifty earnings estimates ambitious but a weak rupee doesn’t complicate outlook: Nuvama’s Prateek Parekh

FinSiddhi

A weak rupee acts as a net positive for earnings by boosting export-heavy sectors, even though it presents challenges for consumer-facing segments and margins facing broader supply shocks
Read more at the source

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.

Related Posts

NFO Insight: ITI Multi Asset Allocation Fund opens for subscription. Should investors buy amid 22% drop in category inflows?

The ITI Multi Asset Allocation Fund has launched its subscription phase, presenting an option for diversified investments. However, this fund arrives in a sector that’s currently facing diminished investor enthusiasm. Financial analysts urge potential investors to approach new fund offers with caution unless exceptional opportunities arise. Multi-asset funds are designed to spread risk and yield…

Anthropic in talks to buy startup Decart AI for $6 billion

Decart’s software can reduce the cost of training artificial intelligence models by helping chips work more efficiently. That technology could help Anthropic’s existing infrastructure absorb more demand, according to a person familiar with the matter. Anthropic, which rarely makes large acquisitions, has been spending heavily on computing power to develop new products and serve customers.