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Mixed sector trends keep Nifty 50 earnings flat in Q3

Nifty 50 earnings were flat in the December quarter as gains from banking and energy were offset by weakness in IT and consumer sectors.
Aggregate net profit of Nifty 50 companies remained largely flat in the December quarter, reflecting mixed sector performance. Combined profit stood at Rs 82,648 crore, marginally lower year on year. Banking and energy firms supported earnings outside the index, while IT and consumer companies faced margin pressure from weak demand, higher costs, and cautious spending conditions across domestic and global markets during the reporting period