India Morning Report: A flurry of results line the way for future assessment

Markets at an inflection  point, the new to-be investors are unlikely to be impressed easily with double digit topline growth even as Net Profit contionues to grow at 20% for the best of the best in the set of winning companies , including HDFC Bank which actually beat topline and bottomline benchmarks continuoiusly and is completing a technical merger uncapping a lot of value in the stock. Kotak Mahindra reports tomorrow with no real growth while HDFC also completes the reportage for HDFC -HDFC Bank tomorrow

PNB results will also move the markets but it is going to be very flat today, and news flow driven jumps though at the inflection point will not lock into any big moves this season as IIP and GDP show up the investment deficit

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