India's Q4 earnings fare better than expected, but downgrades outstrip upgrades: Motilal Oswal

Indian companies have shown strong earnings for the March 2025 quarter. Metals, technology, BFSI, and oil & gas sectors performed well. However, future earnings estimates are being lowered more often than raised. Motilal Oswal remains cautious despite the positive results. They prefer large-cap and domestic-focused sectors. Near-term market volatility is expected due to global factors.