India Inc. delivers strongest earnings in 10 quarters; markets stay in the red

India Inc. delivered its strongest earnings in 10 quarters, yet markets stayed in the red on Monday. The Nifty 50 fell 78.35 points as geopolitical jitters and high crude prices weighed on sentiment. Siddhartha Khemka said, “Elevated crude prices and geopolitical uncertainty warrant near-term caution,” despite strong domestic structural themes.