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Q2 Review: Midcaps Standout In A Flattish Quarter; SBI, ONGC Among Motilal Oswal's Top Upgrades— Check Details
Motilal Oswal's large-cap universe experienced an upgrade of 2.5% for FY26, while the mid-cap universe stood out with a 3.4% earnings upgrade for FY26.
17 Nov 2025, 01:19 PM IST 
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Nifty reported a single-digit earnings growth for the sixth consecutive quarter since the pandemic (Jun’20)
(Photo Source: ChatGPT)
The Q2 FY26 corporate earnings concluded on a healthy note, with overall earnings growth driven by OMCs, telecom, metals, technology, NBFCs – lending, cement, and capital goods. Conversely, oil and gas (ex-OMCs), automobiles (led by Tata Motors), and banks (private and PSU) dragged overall profitability.
