Monday, October 3, 2022

Daily Voice | Five factors must to drag the market back to June lows, says this research head

Daily Voice | Five factors must to drag the market back to June lows, says this research head Manish Jain of Mirae Asset believes, margins of most IT services firms are likely to be bottomed out in Q1FY23 and expect gradual improvement in the medium-term despite elevated cost of delivery, aided by reduction in sub-contractor expenses, improving utilization, pyramid rationalization and currency tailwinds.

from Moneycontrol Market Outlook https://www.moneycontrol.com/news/market-outlook/daily-voice-|-five-factors-must-to-dragmarket-back-to-june-lows-says-this-research-head_16641501.html

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US equities end lower as valuation concerns creep in

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