Markets are experiencing an unusual fall without any major crisis, driven by a slowdown in corporate earnings and exaggerated reactions. Despite negative sentiment, some positive indicators like GST collection and improved earnings suggest potential for recovery, especially in the discretionary consumption and capex sectors.
CarTrade Tech shares slip 7% despite 19% YoY rise in Q1 profit; EBITDA surges 45%
CarTrade Tech shares fell over 7% despite the company reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% YoY to Rs 51