This week, the market will be looking for Q1 earnings from some of the biggest names in the Indian banking and IT space such as HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Infosys, Mphasis, LTIMindtree, etc
Wipro, Kotak Mahindra Bank, Tech Mahindra, UltraTech Cement, Indian Hotels are among major companies that will announce their March quarter numbers in the upcoming week
There are expectations that the central bank will raise its main interest rate by 25 basis points and then pause for the rest of the year. The RBI raised its key repo rate by 25 bps to 6.5 per cent during its February 2023 meeting, in line with expectations, the sixth rate hike in a row.
The coming holiday truncated week is likely to remain volatile as the march F&O series will expire on March 29 and Indian markets will remain closed on March 30 on account of Ram Navami.