Nifty earnings set for strong Q3 growth amid consumption rebound
after close1 source ↓written by the desknot a recommendation
- in Q3
- 10%
- in the previous
- 1%
India's consumption economy is poised for a significant rebound, with Nifty earnings expected to grow nearly 10% in Q3, a sharp rise from 1% in the previous quarter. Consumer sectors like autos, FMCG, and durables showed notable improvement in October. Saurabh Mukherjea advocates for further rate cuts to support the middle class amid ongoing economic pressures.
Not investment advice. For informational purposes only.