Earnings Growth Figures Elevate Investor Uncertainty

The benchmark Nifty 50 index has been on a volatile journey, rallying over 1,000 points from its November 21 low following an 11 per cent correction in the preceding eight weeks. This impressive recovery has largely been attributed to the sweeping victory of the Mahayuti alliance in Maharashtra’s assembly elections, where the BJP secured 90 per cent of the seats it contested. The market narrative suggests that this political win could strengthen the union government and accelerate the infrastructure development agenda.