Nifty 50 earnings grew 17% YoY in Q3, but analysts’ tone cautious; here’s why

February 16, 2024

Automobiles and financials continued to propel the overall earnings growth, while they were also joined by global cyclicals such as oil and gas and metals. The only heavyweight sector to disappoint was information technology, with the overall earnings seeing a decline for the first time in 26 quarters.

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