The latest analysis and commentary by stock market guru Nischal Maheshwari of Edelweiss Securities on what is moving the markets today.
Talking about earnings, Nischal Maheshwari said, “Earnings until now have been more or less close to the expectations. We have seen some good results coming in the banking sector. We have seen some good results coming in the FMCG, but more or less closed to what the market expectation was.”
On global front, he said, “On the global side, we have seen dollar appreciating … you have seen oil going up which is particularly negative for India.”