The expected volatility is due to uncertainties from the incoming Donald Trump administration, along with the union budget and measures taken by the monetary policy committee (MPC) of the Reserve Bank of India in February.
Earnings growth to drive stock selection, limited market upside in near-term: Aniruddha Naha
The last two quarters have been pretty suboptimal in the sense the earnings were below 10%, I think so this quarter will be no different