|Chennai||Rs. 27770.00 (0.07%)|
|Mumbai||Rs. 29200.00 (2.31%)|
|Delhi||Rs. 27900.00 (-0.36%)|
|Kolkata||Rs. 28270.00 (1%)|
|Kerala||Rs. 27050.00 (-0.37%)|
|Bangalore||Rs. 27550.00 (1.66%)|
|Hyderabad||Rs. 27770.00 (-0.14%)|
The initial result previews published by research houses suggest that the process of earnings downgrades is bottoming out. About a year back, the analysts were expecting the FY13 earnings for the Sensex at Rs 1,370. This now stands at Rs 1,260. A combination of global uncertainties, a weak rupee and slowdown in the Indian economy has led to an almost 8 per cent downgrade in Sensex earnings for 2012-13, over the past one year. However, experts now believe there is limited scope for further downgrades.