The fourth quarter earnings season is gaining traction, with key companies like Maruti Suzuki and RIL set to announce their results. RIL anticipates a profit decline despite revenue growth, while Maruti Suzuki expects revenue growth but faces profitability challenges due to rising costs. Analysts have mixed views on Maruti’s net profit, with some predicting growth and others forecasting a decline.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction