Q2 Infosys' earnings were quite good: Rajat Rajgarhia

In a chat with ET Now, Rajat Rajgarhia, Director- Research, Motilal Oswal Securities shares his view on earnings:

ET Now: This week it is all about numbers, today it is Reliance, tomorrow HDFC Bank followed by Bajaj Auto, then Axis Bank and L&T.

Rajat Rajgarhia: Yes, we started the result season with a bang. Infosys came out with good numbers. The stock responded well. We will see TCS, HDFC Bank, Bajaj Auto, some of the numbers that will get reported providing some more confidence to the markets. In the first half of earnings season, you always have the best growing companies that report and in this September quarter, we expect the aggregate earnings to be better than the June quarter. June quarter was -3 and September quarter should be about +3 to +4. So that change is surely being welcomed by the market and Infosys has provided a good start to this calendar.