News Formal

Reliance Industries powers Indian shares ahead of June quarter earnings

  • 📰 Reuters
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Indian shares advanced on Monday, led by heavyweight Reliance Industries, ahead of the corporate earnings for the June quarter.

to "hold" from "buy" and flagged more earnings downgrades in the sector post the June quarter results due to a reduction in clients' spending.

and HCLTech will report their June quarter numbers on July 12 while Wipro's earnings are due on July 13.Asian markets were marginally higher on Monday, while Wall Street equities remained subdued on Friday, on persisting concerns about further rate hikes in the United States.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UK: Plug-In Car Sales Reached 25% Market Share In June 2023In June, 44,470 new plug-in cars were registered in the UK (46% more than a year ago), which represents about 25.1% of the total volume.
Source: InsideEVs - 🏆 579. / 51 Read more »