The Q4 earnings season gains momentum with Mahindra Logistics and Tata Investment among 16 companies reporting. A muted quarter is expected for corporate India, with Nifty earnings growth projected at just 2% YoY. Experts anticipate continued weakness from previous quarters, potentially leading to only 5% YoY earnings growth for Nifty in FY25.
Oil prices fall 1% as investors weigh pause in US strikes on Iran
Oil prices dropped as market participants assessed a pause in US strikes on Iran. Hopes for a diplomatic solution eased concerns about Middle East energy