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Maruti Suzuki India, HCL Technologies, Bajaj Finserv, SBI Life Insurance Company and Shriram Finance would be announcing their quarterly earnings later today.
Q4 results: While Tech Mahindra and Vedanta are seen reporting weak set of numbers, Nestle India and Bajaj Finance may report strong results.
Two steelmakers Tata Steel and JSW Steel, IT major TechM, telecom operator Bharti Airtel Ltd and oil marketing company BPCL are seen reporting 10-60 per cent drop in YoY profit.
Tata Consultancy Services (TCS) shares have rallied 10.20 per cent during this period. The second largest player Infosys has risen 4 per cent; HCL Technologies and Wipro, the next in line, have gained 8-11 per cent.
TCS, Infosys: The consensus 12-month forward earnings growth estimate for the two IT firms is currently at 11 per cent on expectations of large-deal led growth acceleration.