An important nuance often overlooked amid media headlines. While the narrative focuses on earnings downgrades, a closer examination reveals that this is primarily driven by the performance of commodity sectors such as metals and oil, which have softened. Excluding these sectors, earnings growth has been robust, even surpassing expectations with double-digit gains. This serves as a reminder that surface-level news can be misleading, and digging deeper into sector-specific details provides a clearer and more balanced perspective on market performance. Stay invested and invest more. If anyone need help can reach out.
Sir, pls can you advise the numbers in the picture are as of which date?
It looks like supernormal profits enjoyed by Indian refiners, thanks to cheap Russian crude, have tapered off.
Co - Founder and Chief Investment Strategist at JRL Money
1moSept quarter’s earnings