I was reading about earnings and noticed that several companies are doing better than FY25. But I'm confused about why the index is still falling. Am I missing something?
Nifty falling does not necessarily mean Indian companies are performing badly. The stock market prices in future earnings, interest rates, liquidity, valuations, and risk, so market prices react to changes in these factors. Another important factor is the broader economy and the impact of the current geopolitical and war situation, which can affect crude oil prices, inflation, interest rates, currency movements, trade, and investor sentiment.