|Chennai||Rs. 27580.00 (0.18%)|
|Mumbai||Rs. 28700.00 (0%)|
|Delhi||Rs. 27700.00 (0.73%)|
|Kolkata||Rs. 28270.00 (0%)|
|Kerala||Rs. 27050.00 (0.74%)|
|Bangalore||Rs. 27350.00 (1.11%)|
|Hyderabad||Rs. 27660.00 (1.21%)|
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.