BofA sees end of Nifty earnings cuts, financials remain cheap
after close1 source ↓written by the desknot a recommendation
- for FY26
- 8%
- thereafter
- 15%
- been reduced
- 10%
- 7%
Nifty earnings forecasts have stabilized after a year of downgrades, according to BofA Global Research. Earnings growth is projected at 8% for FY26, improving to 15% thereafter. The firm noted that earnings cuts for FY26 and FY27 have been reduced by 10% and 7%, respectively, signaling positive market sentiment ahead. 📈
Not investment advice. For informational purposes only.