New Delhi, Jan 10 || The stock market focus in the coming week will shift firmly to third-quarter (Q3) earnings from India Inc, with heavyweight IT companies set to take centre stage and drive index-level direction, analysts said on Saturday.
HCL Tech, TCS, Infosys, Tech Mahindra and Wipro— together accounting for nearly 13 per cent of the Nifty’s weight — are scheduled to report, making their results and management commentary critical for broader market sentiment.
“Investor focus will be firmly on post-results management commentary and forward guidance. Key areas to watch will include trends in client IT budgets for the current year, signs of recovery in discretionary spending across industries, and hiring plans — especially in the context of tighter H-1B visa approvals,” said Ponmudi R, CEO — Enrich Money, a SEBI-registered online trading and wealth tech firm.
Equally important will be updates on progress in AI-led technologies and infrastructure, which are increasingly being viewed as the next growth engine for the sector.