"Indian Rupee Faces Pressure as US Dollar Strengthens: Challenges Ahead for RBI" "Market Outlook, Valuations, Q2 Results, and Inflation Insights by Vinod Nair of Geojit Financial Services" Q2 Earnings Review: Muted Results Lead to Downgrade in Market Valuations The Q2 results for Indian markets are nearing conclusion, with performance falling slightly below muted expectations. Nifty50's profit after tax (PAT) growth forecast was 8.4% year-on-year (YoY), but the actual growth stands at 6.6%, with three companies yet to report as of November 13. Revenue growth was 2.8% YoY, missing the forecast of 4.2% and significantly lower than the 7.6% growth reported in Q1. While these figures are only marginally below estimates, the domestic market reaction has been severe. India’s premium valuation of the past 2-3 years is now under scrutiny. Earnings growth moderation, combined with ... if you want to know more click below 👇 the link
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