Axis Securities projects a 4.5% revenue growth for Nifty in Q2 FY25
Nifty 50 is forecasted to achieve 4.5% revenue growth in Q2 FY2025, driven by sectors like Financials, IT, Telecom, Healthcare, and Utilities, according to Axis Securities. Excluding cyclical sectors, revenue could rise 6.7%. Positive factors include favorable rainfall, robust GST collections, and higher e-way bills. Investors will closely monitor profit margins and future guidance.