Індійський технологічний сектор: сильні прибутки

What happened: ICICI Bank reported a 10.1% YoY increase in Q4 PBT to INR 182.09 billion, with PAT up 8.5% YoY to INR 137.02 billion. The board recommended a INR 12 per share dividend for FY2026. Total loans grew 15.8% YoY, outpacing deposits. Meanwhile, TCS topped estimates, boosting investor sentiment. Reliance Infrastructure's board approved raising funds.

Market impact: Indian shares were poised to open higher, driven by strong earnings from ICICI Bank and TCS. The IT sector, particularly tech services, was buoyed by TCS’s performance. Reliance Infrastructure was in focus due to its fundraising plans, affecting the infrastructure sector.

What to watch next: Tata Consultancy Services’ (TCS) Q4 results, scheduled for July 14, will be crucial for the IT sector. Investors will also closely monitor Reliance Infrastructure’s fundraising progress. Additionally, geopolitical tensions between Israel and Lebanon may impact market sentiment.