By Sai Ishwarbharath B and Haripriya Suresh BENGALURU/MUMBAI (Reuters) -Tata Consultancy Services, India's largest software company, posted a smaller-than-expected third-quarter revenue on Thursday as its key North America market underperformed for the fifth consecutive quarter.

India’s largest IT services firm, is set to release its audited financial results for the third quarter (Q3) and nine-month period ending December 31, 2024, today. The board meeting, scheduled for January 9,

As India faces slowing economic growth, HSBC Global Research has downgraded the Indian stock market outlook from “overweight” to “neutral”. In a report, the global financial services firm said profits at India Inc appeared to have softened while valuations are elevated.

HSBC cut its rating on Indian equities to "neutral" on Thursday, joining a growing list of global brokerages that have tempered their bets on Asia's third-largest economy on slowing growth and elevated valuations.

The Indian economy is facing slow economic growth and HSBC Global Research has downgraded the Indian stock market outlook from "overweight" to "neutral".The global financial services firm in a report said profits at India Inc have softened while valuations are evaluated.