Top Nifty Q2 earnings driven by HDFC Bank and TCS
market hours1 source ↓written by the desknot a recommendation
- of the incremental
- 122%
- YoY earnings growth
- 5%
- estimate
- 6%
HDFC Bank, TCS, and three others contributed 122% of the incremental YoY earnings growth for Nifty constituents in Q2. Overall, 27 companies reported a 5% YoY earnings growth, below the 6% estimate. This performance may influence market sentiment as traders assess earnings revisions going forward.
Not investment advice. For informational purposes only.