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  • News From Press Mid-, small-cap indices beat Nifty50 despite poorer earnings show

    Mid-, small-cap indices beat Nifty50 despite poorer earnings show

    Market players say while the earnings report card of the broader universe for the last quarter was disappointing, investors are trying to factor in a revival in earnings.
    Business Standard Feb 24, 2020

    The mid- and small-cap indices are racing ahead of the benchmarks this year. However, their earnings scorecard for the December quarter has been much worse than the Nifty’s. According to an analysis by ICICI Securities, nearly half the Nifty50 companies’ net profit has exceeded consensus estimates.

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