At least 34 companies are set to announce their Q2FY25 earnings on October 18. Big names like Tata Consumer Products, ICICI Lombard, L&T Finance, and Jio Financial Services are expected to release their financials, offering key insights into India's economic landscape.
L&T Finance is expected to report 12% year-on-year growth in retail disbursements, reaching ₹15,070 crore. The market remains cautious, influenced by rising domestic inflation and foreign investor selling. Global markets traded mixed, adding pressure to Indian indices like Sensex and Nifty 50.