Nifty50 was up by 1.92% last Friday, but despite that, the MMI index has dropped from 41 to 40. This is still a positive sign. Currently, the market's complete focus will shift from tariffs to the earnings of Indian companies. TCS’s results haven’t been very good, and it seems likely that all IT sector companies might report slightly lower earnings this time. Among other sectors, Pharma, FMCG, and Defence should deliver good results. In fact, the manufacturing industry should report favorable results as well. Next week, many companies are set to announce their earnings, and I hope everything aligns well with the market’s expectations.
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