30 Oct 2025 | 5 Mins Read
Viacom18's earnings cuts to end in India after a year
Flipitmoney
Axis Mutual Fund Chief Investment Officer Ashish Gupta says India's earnings downgrade cycle is over, citing loan growth, consumption, and automobile sectors as catalysts. The Nifty 50 Index rose over 5% in October, and Gupta expects 9-10% earnings growth this year and 17% in the following year, with key sectors reviving, but cautioning valuations are still high.