Recent Q2 earnings reveal a troubling trend in India’s stock market. Smallcap companies are experiencing the highest number of earnings misses, leading to a substantial Rs 4 lakh crore loss in market value this year. While mid-caps and large-caps show positive growth, the riskier smallcap segment faces continued weakness.
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