Fuel retailers, auto cos to drive Q2 profit rise

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Oil marketing companies are expected to lead the surge in earnings during the upcoming results season, driven by strong domestic demand. Sectors like automobiles, banks, capital goods, commodity chemicals, construction material, and metals & mining are also predicted to report strong earnings growth. However, technology stocks are expected to have muted growth. Banks may have weaker operating profit growth, but earnings will be supported by lower provisions.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/afAxrRI

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