Nifty earnings are expected to remain subdued in FY25 but rise significantly in FY26, with an 18.3% EPS growth forecast. This outlook is supported by a consumption-focused Budget, tax rebates, improved rural economy conditions, and better government capex growth. Analysts also anticipate a rate cut cycle starting soon, boosting market sentiment.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays