💨 Abstract

The Indian equity benchmark indices, Sensex and Nifty, fell nearly 1% on Jan 9 due to selling in HDFC Bank, TCS, and Reliance, driven by earnings growth concerns and unabated foreign capital outflows. The decline was also influenced by a sell-off in US bonds and abysmally low Chinese inflation data, indicating poor demand. TCS reported an 11.95%

Courtesy: theprint.in

Summarized by Einstein Beta 🤖