Nuvama's Nikhil Ranka sees limited downside for stocks, expects earnings growth to rebound

Ranka expects banks to deliver around 20% operating profit growth and sees a possible STT cut as more likely than capital gains tax relief. He says IT stocks may have limited upside after their recent rally.

Oct 14, 2026 - 15:00
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Nuvama's Nikhil Ranka sees limited downside for stocks, expects earnings growth to rebound
Ranka expects banks to deliver around 20% operating profit growth and sees a possible STT cut as more likely than capital gains tax relief. He says IT stocks may have limited upside after their recent rally.

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