BofA expects Nifty to deliver up to 11.4% returns by CY26 as earnings cuts ease, growth prospects improve and FII outflows may reverse. Largecaps are likely to outperform, while SMIDs offer selective opportunities but face sharper downside risks.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO