09 Oct 2026 | 5 Mins Read

BofA forecasts 18% Nifty Q2 growth, but margin woes may hit IT, auto, banks

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BofA Securities forecasts Nifty 50 earnings growth of 17.8% year-on-year for the September quarter, led by consumer discretionary (303%) and materials (279%), but warns of margin pressures from higher funding costs, commodity inflation, and weak IT demand. Financials, energy, autos, and telecom are expected to grow, while healthcare and consumer staples may see earnings decline.