Market expert Ajay Bagga analyzes the recent market downturn, attributing it to global outflows and uncertainty surrounding the US elections. He suggests that while the Indian markets have factored in corporate earnings weakness, a bottom formation hinges on a halt to FII outflows. Also, in case of a Trump victory, there could be a new incumbent in the Fed chairperson’s office very soon.
Just Dial Q3 results: PAT jumps 43% YoY to Rs 131 crore, revenue up 8%
Just Dial reported a 43% YoY rise in Q3FY25 net profit to ₹131.31 crore, with revenue up 8.4% to ₹287.33 crore. Sequentially, profit declined 15%.
January 10, 2025