Market Quote : Nifty 50 Q1 consolidated PAT is projected to grow by more than 20% YoY Says Mr. Vinod Nair, Geojit Financial Services
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Below Quote on Market 17 July 2023 By Vinod Nair, Head of Research at Geojit Financial Services
Despite the mixed performance observed in the Asian market due to China's underwhelming GDP data, the Indian market exhibited resilience, in anticipation of a bumper Q1 result. Nifty50 Q1 consolidated PAT is projected to grow by more than 20% YoY, which can upgrade the full year earnings growth of FY24. Small caps outperformed as comparatively valuations are attractive trading below the long-term average compared to large and mid-caps.
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