MARKET WRAPS Stocks: Stocks in Europe were little changed on Wednesday in a cautious opening session ahead of commentary from Jerome Powell and a host of other Federal Reserve officials. -November 08, 2023 at 05:23 am EST
- MarketScreener
European Midday Briefing: Stocks Struggle with Fed s Powell Due to Speak morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
"When you look at valuation, one has to always think about what the stock has done in the past year or so or couple of years and then take a call because the growth here that most of the automobile companies are showing in terms of top-line growth is fairly muted. It is either single digits or early double-digit kind of numbers. These are not great numbers that essentially help valuations."
Two major Indian IT companies — Wipro and LTIMindtree — posted subdued earnings for the second quarter. While Wipros consolidated net profit rose marginally, that of LTIMindtree dipped. This and more in todays ETtech Top 5