Nifty unlikely to deliver double-digit returns in Samvat 2081: Ambit’s Nitin Bhasin and Bharat Arora

In the Q2FY25 reporting season so far, NSE500 aggregate PAT growth (YoY, %) stands at ~6%, driven by IT (~11%) and BFSI (~10%). Profit growth of NSE500 ex-BFSI and IT has turned negative at -0.6%, dragged by Cement & Building Materials and O&G.

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