Stocks to make partial recovery from deepest rout in decades: Poll

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Finance Minister Nirmala Sitharaman's February 1 budget introduced tax exemptions on annual income up to Rs 12 lakh and there are expectations for modest easing by the Reserve Bank of India this year to boost household consumption.

I don't see us returning to last year's highs soon," said Yogesh Kalinge, associate director of research at A.K.Capital Services.

Nifty 50 companies have reported only 5 per cent earnings growth last quarter, the third straight quarter of single-digit gains after two years of strong double-digit expansion.

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Category: BusinessFinance

Markets: India

Topics: Susobhan Sarkar NIFTY 50 INDEX Finance Minister Anil Manghnani Bank of India Chemicals Vijayalakshmi Srinivasan Religare Broking Asia Associate director of research RELIGARE Ross Finley Vivek Mishra The reserve bank of india Director at Modern Shares and Stockbrokers Senior vice president of research Hari Kishan Retail loans Stock Market Yogesh Kalinge Ajit Mishra Nirmala Sitharaman Gareth Jones A.K. Capital Services

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News Sentiment: Negative

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Article Type: News Report

Published On: 2025-02-27 @ 09:04:36 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 722 words

Reading Time: 5 minutes read

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Copyright Owner: © Business Standard

News ID: 26469793

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