Q2FY25 Earnings On Slippery Ground

The current market sentiment is divided, with some viewing the ongoing downturn as a necessary correction, others as a bursting bubble, and while some investors are getting into a panic state and selling their stakes, others are considering it a potential buying opportunity to capitalise on the dip. It is intriguing to consider whether Q2FY25 earnings can uplift the market, justify elevated valuations, and restore investor confidence amidst uncertain conditions. Mandar Wagh analyses the results reported in the IT and banking sectors while highlighting expectations from other sectors and observed trends