Earnings upgrades boost Nifty outlook amid festive demand
after close1 source ↓written by the desknot a recommendation
- forecasts upgraded
- 0.7%
- 0.9%
- for FY26
- 1.3%
- in the Nifty
- 4% gain
India is witnessing a revival in corporate profitability, with Nifty earnings forecasts upgraded by 0.7%, 0.9%, and 1.3% for FY26, FY27, and FY28, respectively. This shift is driven by strong festive demand and supportive policies, contributing to a 4% gain in the Nifty over the last three months.
The report from PL Capital indicates that this upgrade cycle reflects renewed confidence in the market, suggesting a positive trend for traders.
Not investment advice. For informational purposes only.