Exchanges, Staffing and Internet - Mixed Bag
We prefer MCX in the exchanges space, aided by continued traction in options volume, healthy new product pipeline (index and mini contracts) and...
465 Views
IT Q3FY23 Result Preview – Demand Slowing Down; Margins Remain Stable
The IT Services sector is expected to report moderate growth in Q3FY23, primarily on account of the seasonally weak quarter and slowing down growth...
567 Views
Exchanges, Staffing and Internet (Q2FY23E Results Preview): Recovery on the cards
Exchanges: MCX options ADTV continues to rise (+60% QoQ) while futures ADTV declined -5.2% QoQThe options ADTV stood at INR 314bn, which is up...
317 Views
Exchanges, Staffing and Internet - Recovery on the Cards
The options ADTV stood at INR 314bn, which is up ~5.2x YoY. The futures volume decline was led by crude (-22% QoQ). The effective ADTV...
467 Views
It & Telecom Q2fy23 Result Preview – Demand to Remain Robust
The IT Services sector is expected to report resilient growth in Q2FY23 primarily led by the new large deal wins and a ramp-up of deals won in the...
414 Views