New Delhi, Feb. 17 -- The Indian stock market is expected to remain volatile through the first quarter of CY2025, but a recovery is likely from Q1FY26 (April-June 2025) as earnings stabilize and global uncertainties ease, analysts said.

Seshadri Sen, Head of Research and Strategist at Emkay Global, the firm noted that the Q3 results season was muted, with single-digit PAT growth for the Nifty 50 and BSE500. While the performance marked a sequential improvement, it triggered another round of earnings downgrades, though less severe than in October 2024.

The Nifty 50 index posted a 5% YoY net profit growth, marking the third consecutive quarter of single-digit earnings expansion since the pandemic. Five companies - Bharti Airtel, State Ban...