"Investors booked some profits, taking advantage of markets at all-time highs," said Manish Mehta, joint president and national head sales, Kotak Mahindra Asset Management. "While continuing allocation through SIPs, they made lump sum allocations back on days where markets dipped sharply."
And therefore, that is why you are starting to see numbers in terms of the deal wins remaining largely intact. Near term, of course, even in the next quarter, we will possibly have to contend with muted growth outlook. And it is possible maybe towards the second half of the year, the expectation at this point in time is that we will start seeing possibly some improvement in terms of the revenue momentum.
Indian government bond
yields tracked U.S. peers lower on Thursday, with the benchmark
bond yield hovering around a crucial technical level after
inflation in the world s largest economy grew at.