Earnings upgrades signal NIFTY revival towards 29,000
after close1 source ↓written by the desknot a recommendation
- seen upgrades
- 0.7%
- 0.9%
- for FY26
- 1.3%
- in NIFTY
- 4% rise
PL Capital's latest report indicates a potential earnings upgrade cycle for India, driven by strong festive demand and supportive policies. NIFTY earnings have seen upgrades of 0.7%, 0.9%, and 1.3% for FY26, FY27, and FY28, respectively. With a 4% rise in NIFTY over three months, market sentiment is shifting positively.
Not investment advice. For informational purposes only.