Consensus earnings estimate for India’s top 50 companies have been revised downward, with projected growth now seen below 10%—a sharp drop from the 16% anticipated a year ago. According to Bloomberg data, the 12-month forward earnings estimate for the Nifty 50 currently stands at ₹1,185, reflecting a 2% decline over the past two months. Estimates for the following fiscal year have also been trimmed by 3% during the same period.
