The Economic Times
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| 10 May, 2021, 09:27 PM IST | E-Paper
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    Covid second wave mars outlook for 2021-22: Here are the sectors looking up, ones under stress

    Synopsis

    Before the second wave hit, market participants were upbeat about 2021-22 and Nifty was expected to report 30% plus earnings growth. However, the projected growth rates have started coming down. How bad will the negative impact be?

    We have entered the fourth quarter results season and companies from most sectors are living up to the high expectations. “The first set of numbers is in line with estimates and there is no major surprise on either side,” says Daljeet Singh Kohli, CIO, StockAxis.com. Aggregate revenue and net profit has reported y-o-y growth of 23% and 35% respectively. Ferrous and non ferrous metals benefitted from the jump in commodity prices. However, this
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