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    Why the sharpest earnings downgrade since 2008 is a buy signal

    Fiscal year 2017 earnings-per-share (EPS) expectations for the Nifty 50 index have witnessed 21 percent downgrade, if analyst forecasts on average are taken into consideration. This is the sharpest downgrade that EPS expectations have witnessed since the Lehman crisis.

    first published: Feb 19, 2016 03:45 pm

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