As the Indian benchmarks experienced range-boud consolidation in the last trading week, markets are expected to remain sensitive to foreign fund outflows and a subdued earnings season, say the market experts.
As the earnings season begins and companies start reporting their financial results, the Nifty 50 index is projected to deliver a revenue growth of 4.5 per cent for the second quarter of the fiscal year 2025 (FY25), according to a report by Axis Securities.
As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expected to see a slight dip in profits compared to the previous quarter, according to a report by Motilal Oswal.
The earnings result season for Q1 (April-June) 2024 has commenced with major companies set to report their performance on Thursday in the Indian stock market, marking a significant period for investors and analysts.
Reliance Industries posted a 10.9 per cent rise in consolidated profit after tax (PAT) during the October-December 2023 quarter at Rs 19,641 crore. In the same quarter of 2022, the profit after tax was Rs 17,706 crore.
Mumbai (Maharashtra) [India], July 8 (ANI): Tata Consultancy Services (TCS), the country's largest IT firm, is scheduled to announce its financial results for the first quarter of the current financial on Friday.
Mumbai (Maharashtra) [India], January 11 (ANI): Equity benchmark indices were buoyant during early hours on Monday on the back of strong global cues and optimism on the corporate earnings season.