New Delhi, Aug. 27 -- The earnings season that most analysts had called "cautiously optimistic" in early July closed this month with something harder to dismiss: eighteen percent profit growth for Nifty 50 companies in the April-June quarter, the strongest in ten consecutive quarters, according to a Motilal Oswal Financial Services analysis of the first quarter of fiscal year 2027.

whose margins stayed compressed as global crude prices stayed elevated - and the profit expansion reaches 22 percent. That is not a good quarter. That is a realignment.

The Sensex and Nifty 50 spent most of July reacting to individual earnings reports: Bajaj Finance's 27-percent profit surge, Hindustan Unilever's strongest revenue quarter in thirteen quarters...