Indian Shares Eye Mixed Start Amid Global Market Cues

Indian shares may face a sluggish opening as global cues present a mixed bag. Reliance Industries' record profit and Infosys' raised revenue guidance may support, while Axis Bank and LTIMindtree's results weigh down sentiment.

Date: 17-01-2025

AI Rating: 6

Profit Margins: Reliance Industries reported a record quarterly profit, indicating a strong performance and potential positive sentiment for its stock. This could lead to increased investor confidence and a potential rise in stock price.

Net Income: Infosys has raised its FY25 revenue guidance, suggesting an optimistic outlook and likely positively influencing its stock. However, Axis Bank's modest profit growth and LTIMindtree's 7.14% decline in consolidated net profit could create a mixed sentiment around these stocks.

Overall, while Reliance and Infosys provide positive indicators, the negative performance of Axis Bank and LTIMindtree may introduce caution among investors, affecting their stock prices adversely.

Stocks: RELIANCE INFY AXP LTI