J.P. Morgan expects small- and mid-cap companies to outperform large caps in September-quarter earnings, driven by capital expenditure and AI-led infrastructure investment. Nifty 50 earnings are projected to grow 17% year-on-year, with covered companies at 16% net profit growth. Rising input costs may pressure margins, and performance is likely uneven across sectors.
J.P. Morgan: Small, Mid-Caps to Outpace Large Caps in Q2 Earnings
Source: Moneycontrol