JM Financial forecasts Nifty50 companies' aggregate earnings to grow 9.8 per cent year-on-year in Q3FY26, driven by sectors like IT services, automobiles, metals, telecom, and industrials. Excluding the BFSI sector, profit after tax is projected to rise by 16.2 per cent. The brokerage anticipates consumption will be supported by government and RBI measures, leading to increased exposure in consumer, auto, and hotel sectors.