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In the Q2FY25 reporting season so far, NSE500 aggregate PAT growth (YoY, %) stands at ~6%, driven by IT (~11%) and BFSI (~10%). Profit growth of NSE500 ex-BFSI and IT has turned negative at -0.6%, dragged by Cement & Building Materials and O&G.
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News and Media
Though correction in some of the mid cap and small cap names have been baffling, the overall correction is a respite for the value investors. Markets world over do have tendency to overshoot. Mean reversion happens sooner or later.
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News and Media
The Indian market is anticipated to open lower on Monday, influenced by subdued global cues. After beginning Samvat 2081 positively during the Diwali mahurat trading session on Friday, market sentiment appears to be shifting.
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News and Media
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