Two in a row: Nifty logs single-digit growth for second straight quarter
Sun, Nov 17, 2024 2:54 PM

Two in a row: Nifty logs single-digit growth for second straight quarter

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The Q2 earnings season for India Inc has shown signs of weakness, with downgrades outnumbering upgrades. Nifty companies reported a 4 percent on year profit growth in Q2, extending its streak for single-digit bottomline growth to the second successive quarter, a first since the pandemic. Incremental growth was driven by five companies--SBI, Hindalco, ONGC, ICICI Bank, and Axis Bank.

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