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In Wipro, TCS, LTIMindtree and Infosys, FII stakes are 2-3 percentage points below the peak holding during rate hike cycle. For Tech Mahindra, the difference is as wide as 9 percentage points. With rate cycle turning, the view is big deal wins will soon resume from large clients ....
Gains following a late-cycle rate cut have been light compared to when the Fed cuts in the middle of a business cycle, Morgan Stanley's Mike Wilson writes. ....
FIRST WITH YESTERDAY'S NEWS (highlights from Thursday on Newstalk ZB) Would You Still Go?/On the Dole Forever/Sights On Simeon/Hyping the Story/Man, We Hat ....