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Results▼ Bearish for Indian equities
Q2 earnings: Can India Inc repeat Q1, or will Q3 erase the base-effect tailwind?
The brief
- Analysts forecast Q2 earnings growth to slow roughly 13-14% versus Q1
- Slower earnings growth could weigh on Indian listed companies across sectors
- China services growth hits three-month high, private PMI shows
- China factory activity returns to growth in September
- Services output grows 13.5%, 17 of 19 sectors expand
- India’s economy resilient, but Nifty falls 13% YTD: Why markets and macro are telling different stories
- Retail trade, banking lead as 10 services sub-sectors clock double digits in July