Nifty 50 Q2 earnings expected to show strong double-digit growth.
Context
What happened: Nifty 50 companies are expected to log strong double-digit earnings growth in the September quarter, according to analysts cited by ETMarkets.
Key numbers: MOFSL Universe aggregate earnings expected to grow 24% year-on-year excluding oil marketing companies.
Why it matters: Analysts remain constructive on FY27, citing improving domestic demand, strong credit growth, government spending and a recovery in private capex. Sector views diverge, with autos and cement facing margin pressure while non-ferrous metals are expected to perform strongly.