Pulse of the Street: Dalal Street shines before Diwali. Can the rally last?
A quarterly results development with market-wide reach.
· LiveMint Markets
Indian stocks outperformed major global peers as cheaper oil and foreign buying lifted sentiment. Sustained inflows and earnings upgrades will determine whether the gains last.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
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