At the start of the week, when the global markets were reeling under the pressure of unwinding of Yen carry trade, it was the IT stocks which were able to handle the pressure well. Was it an arbitrary reaction of the street, or the fact is that the unwinding of “ Yen carry trade” and the strength of Japanese Yen is a positive for select Indian IT companies. Probably the second one. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
