Corporate India’s net profit surged in the March quarter, driven by reduced non-operating costs, while revenue growth remained moderate. Excluding banking and finance, profit growth improved significantly, with metals and pharmaceuticals outperforming. Analysts anticipate stronger earnings in FY26, fueled by tax incentives and lower interest rates, despite global uncertainties.
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Indian market is expected to consolidate, mirroring mixed global signals, with Nifty futures closing negatively. Option data indicates a trading range between 24,600 and 25,600.