Axis Bank, Kotak Bank: Kotak said banks reported better-than-expected numbers, while IT services reported a mediocre performance, adding that consumer companies struggled for growth for another quarter.
It Stocks: Shares of Wipro Ltd. rallied as much as 14% on Monday, their biggest intraday gain since July 2020 before paring gains, as the surprise revenue beat triggered rating upgrades from some brokerages. HCL Technologies Ltd. surged to a new all-time high, boosted by its forecast for improved revenue growth.
Infosys Q3 results review: Adjusted for the McCamish cyber security incident, Q3FY24 was better than what was widely feared by the Street, especially on the margin front.