BusinessPhoto: Mint MarketsStrong Earnings Boost India Stocks Amid Asia's Decline
Indian equities are outperforming Asia due to stronger earnings and renewed foreign investor interest. About two-thirds of BSE 100 companies reported a 20% profit rise in the September quarter, the fastest in five quarters, surpassing estimates. Key sectors like consumer staples, steel, and financials saw earnings upgrades. Since October 1, the Nifty 50 rose 6%, while the MSCI Asia Pacific Index fell 7.5%, highlighting India's market resilience.
Mint Markets·



