Expectation and price action at the time of the earning season have a strong relationship. The Q1 earning season for FY 24 has started at a time when all the corners of dalal street are under the control of bulls.
This is exactly the opposite of the situation in April 2023, when the season was starting with bulls just making their first attempt to come back after getting a serious drubbing by bears in the first three months of 2023. Why it is
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