Analysts are raising earnings per share (EPS) estimates for many large companies after Q4, reversing previous downgrades. This positive shift is attributed to increased government spending and a rise in consumer demand. The Nifty’s EPS is projected to grow significantly, driven by accommodative monetary policy and continued government investment, boosting investor confidence.
No longer magnificent? How Apple, Microsoft and other Mag 7 stocks are crumbling under AI pressure
The Magnificent Seven are underperforming as investors question whether massive AI spending will generate adequate returns. With $2.3 trillion erased in June, markets are shifting