Tech Market View

Mercedes also doesn't have ambitions to enter the ride-sharing market which is being viewed as one of the tentpole models.

A majority of Indian professionals - 84% - favourably viewed their job and economic situation in the next six months, according to the Michael Page Job Applicant Confidence Index Q2 2017.

Mutual funds ramped up their allocation for IT stocks to over Rs 40,000 crore at the end of April in view of a weakening rupee, which adds to IT exporters' profitability.

Upendra Kulkarni, ED at Fortress Financial Services, says overall Indian markets may take some time to stabilise, in view of weakness seen globally.

Quarterly earnings from blue-chips including ITC, Maruti Suzuki India and ICICI Bank would set the tone for the stock markets, which is expected to remain volatile during the week from July 27 to July 31, in view of derivatives expiry, say experts.

Asian sentiment also got a lift from the European Central Bank's plan to buy corporate bonds, a step that would help banks free up more of their balance sheets for lending. The ECB might decide on the matter as soon as December with a view to begin purchases early next year, several sources familiar with the situation told Reuters.

"The news of Sikka's announcement is extremely important for Infosys since it ends the uncertainty that was the main enemy of Infosys. The new CEO will have to move very quickly to first calm the three key stakeholders, employees, customers and the investors, in that order," Gartner Research India Country Manager Partha Iyengar told PTI.

Technology market research firm Tech Market View said the contract, which is one of Wipro's largest deals group-wide, signals the growing influence of offshore-centric IT-BPO players in large scale UK outsourcing market.

Minutes of the Federal Reserve's most recent meeting of its policy-setting committee will be published on Wednesday, the second trading day of a holiday-shortened week in the United States. The US stock market will be closed on Monday for Presidents Day.

The tide seems to be turning for Infosys finally as more analysts and brokerages veer towards the view that the worst may be over for the stock. Infosys shares are up 21 per cent since its earnings announcement on Friday in sharp contrast to 2012 when the stock ended as the worst performer on the BSE 30-share Sensex.

Experts advise buying rate-sensitive and defensive stocks like auto, pharma, metals for now.

Mercedes also doesn't have ambitions to enter the ride-sharing market which is being viewed as one of the tentpole models.

A majority of Indian professionals - 84% - favourably viewed their job and economic situation in the next six months, according to the Michael Page Job Applicant Confidence Index Q2 2017.

Mutual funds ramped up their allocation for IT stocks to over Rs 40,000 crore at the end of April in view of a weakening rupee, which adds to IT exporters' profitability.

Upendra Kulkarni, ED at Fortress Financial Services, says overall Indian markets may take some time to stabilise, in view of weakness seen globally.

Quarterly earnings from blue-chips including ITC, Maruti Suzuki India and ICICI Bank would set the tone for the stock markets, which is expected to remain volatile during the week from July 27 to July 31, in view of derivatives expiry, say experts.

Asian sentiment also got a lift from the European Central Bank's plan to buy corporate bonds, a step that would help banks free up more of their balance sheets for lending. The ECB might decide on the matter as soon as December with a view to begin purchases early next year, several sources familiar with the situation told Reuters.

"The news of Sikka's announcement is extremely important for Infosys since it ends the uncertainty that was the main enemy of Infosys. The new CEO will have to move very quickly to first calm the three key stakeholders, employees, customers and the investors, in that order," Gartner Research India Country Manager Partha Iyengar told PTI.

Technology market research firm Tech Market View said the contract, which is one of Wipro's largest deals group-wide, signals the growing influence of offshore-centric IT-BPO players in large scale UK outsourcing market.

Minutes of the Federal Reserve's most recent meeting of its policy-setting committee will be published on Wednesday, the second trading day of a holiday-shortened week in the United States. The US stock market will be closed on Monday for Presidents Day.

The tide seems to be turning for Infosys finally as more analysts and brokerages veer towards the view that the worst may be over for the stock. Infosys shares are up 21 per cent since its earnings announcement on Friday in sharp contrast to 2012 when the stock ended as the worst performer on the BSE 30-share Sensex.

Experts advise buying rate-sensitive and defensive stocks like auto, pharma, metals for now.