Indian corporate earnings for the second quarter of FY25 showed weaker-than-expected results, with single-digit growth for the second consecutive quarter. While sectors like BFSI and Technology performed well, the overall market was dragged down by weakness in commodities, particularly O&G.
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