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Q3 Results Preview: Citi Sees Little Room For Surprises In December-Quarter Earnings
The companies’ commentaries for the year ahead will be key, according to the brokerage.
19 Jan 2021, 08:04 AM IST
The market has factored in the sharp sequential recovery in the earnings of companies for the quarter ended December 2020, and the room for surprises is low, according to Citi Research. Commentary for the year ahead will be key.The earnings of Indian companies in the preceding quarter weren’t as bad as feared as they managed to cut costs as economic activities resumed following pandemic-induced lockdowns. India’s benchmark indices mi...
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