IT giants TCS and HCL Tech are scheduled to announce their June quarter numbers post-market hours. Investors would also be tracking the CPI number for June which is due today.

Tata Consultancy Services (TCS), which will release its earnings after market hours, is likely to put up a weak show for the June quarter, given the slowdown in technology spending and higher costs.

India VIX was down by 3.90% from 11.46 to 11.01 levels on Tuesday. Volatility sunk lower and is hovering near its lower band which may support the bulls near immediate support zones.

Hero MotoCorp, incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 62002.27 Crore) operating in Auto sector.

Emerging markets would take cues from the US equity markets. S&P500 results are likely to be better in Q3CY23. Thus, US markets can remain buoyant for some more time despite another two possible rate hikes and would see a decline if the earnings start coming lower than market expectations.

Breakout from symmetrical triangle on the weeklytime frame with jump in volumes

Goldman Sachs, Massachusetts Institute of Technology Basic Retirement Plan Trust, Aditya Birla Sun Life Mutual Fund (MF), Edelweiss MF, ICICI Prudential MF, and Kotak Mahindra MF are among the anchor investors.

Schaeffler India, incorporated in the year 1962, is a Mid Cap company (having a market cap of Rs 47934.43 Crore) operating in Industrial Consumables sector.