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Stocks are rallying Tuesday after companies reported fatter profits than expected, and other U.S. investments are also steadying a day after falling sharply on worries about President Donald Trumps trade war and his attacks on the head of the Federal Reserve.
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HCL Technologies has guided for 25% revenue growth in FY26, outpacing peers like Infosys and TCS. It retains its 1819% EBIT margin and boasts strong deal wins worth $2.99 billion, with increased revenue from existing clients.
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The Reserve Bank of India sold $88.75 billion in forwards in February, up from $77.52 billion in January, to defend the rupee amid U.S. tariff-related volatility. Spot sales dropped, indicating a strategic rollover of contracts.
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