The Information Technology Industry may show mid-teen growth and range bound margin for FY 22, according to a report by Motilal Oswal Financial Services. “We continue to see Cloud migration, Digital transformation, and user experience as multi-year opportunities for Indian IT companies.
The major U.S. index futures are currently pointing to a higher opening on Monday, with stocks likely to extend the strong upward move seen last week. The markets are likely to continue to benefit from recent upward momentum, which has propelled the Nasdaq and S&P 500 to new record highs.
European stocks were moving higher on Monday amid optimism that a slowdown in the spread of coronavirus in different parts of the world and vaccine rollout efforts will result in a swifter global economic recovery.
(Bloomberg) -- Metro AG, the German wholesaler that has been without a permanent chief executive since the start of the year, is set to appoint Steffen Greubel to the post on Monday.