Average Bloomberg estimates for the Nifty earnings per share for FY19 have declined by 4% so far this fiscal year. The recently concluded June quarter earnings were rather dismal, considering that the expectations bar was set so low. Are broking houses confident about FY19 earnings though? Average Bloomberg estimates for the Nifty earnings per share for FY19 have declined by 4% so far this fiscal year. Individually, ICICI Securities Ltd, Edelweiss Research Ltd and IDFC Securities Ltd among others have trimmed their FY19 earnings estimates.

Source: Mint September 03, 2017 18:22 UTC