neutral
Recently
Nifty 50 earnings show steady revenue growth with strong profit surge
Nifty firms posted steady Q2 revenue growth with sharp profit expansion, though IT stocks underperformed and most index constituents closed lower.
Nifty 50 companies reported combined Q2 FY26 revenue of ₹18.23 lakh crore, reflecting 4.96% year-on-year growth. Net profit rose sharply by 48.27% to ₹2.91 lakh crore. On the trading front, Tech Mahindra and HCL Technologies declined nearly 2% each, and over 30 Nifty stocks ended in the red despite selective buying in financial stocks that helped limit broader downside.