Higher commodity prices have been one of the key reasons for earnings buoyancy over the last two years. In FY22, the global rally in commodity prices alone accounted for 50% of incremental Nifty earnings growth. Analysts said further downgrades would weigh down markets that are already trading at premium valuations.
Reliance Power shares soar 9% after firm returns to black in Q3
RPower Share Price: Shares of Reliance Power saw a significant rise of 8.64% following the announcement of a net profit of Rs 41.95 crore for