Weak performance likely
Recommendation: Add; Target Price: Rs 1500
Recommendation: Add; Target Price: Rs 5000
For Q4CY22, Cognizant (CTSH) posted revenue decline of 0.4% QoQ (+4.1% cc YoY, +3.7% cc YoY organic), above the guidance range of 2%-3% cc YoY.
Banking stocks getting affected because of their loan exposure to Adani Group.
The Fed has stuck to its promise of slowing on rate hikes and has hiked rates by just 25 bps.
Here are some stocks that may show significant price movement today.
Asian markets have opened on a mixed note today.
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