Government-owned companies are more generous in rewarding their shareholders with dividends.
Most of the index heavyweights are yet to declare their results.
'India is likely to do better than other emerging markets.'
Analysts, however, said the timing of the infusion was good.
Shares of most European banks are down significantly.
Brokerages expect revenue growth at a 7-quarter high but profitability may disappoint.
Indian IT players, over the past few years, have pressed the paddle on re-training of their employees as new technologies take centre-stage.
Revenues, profit margins will be hit in the next one year, but more demand in the longer run.
These firms reported a combined operating profit of Rs 26,077 crore (Rs 260.77 billion).
The Indian indices also offer one of the lowest dividend yields.
This analysis is based on the quarterly earnings for 724 companies.
Mark Mobius, executive chairman, Templeton Emerging Markets Group, is positive on India and believes the Indian economy is on a strong footing
If financials and oil sectors were removed, India Inc has done quite well.
Of the 11 licence holders, only eight remain in the fray as concerns about profitability and rising competition are making them think twice before jumping in.
Raghuram Rajan's 'surgery' uncovers more bad loans
Rising bad loans continued to haunt public sector banks (PSBs) in the March 2016 quarter.
Baba businesses are sprucing up their act as they expand product portfolios and enhance brand image
The recovery was led by information technology exporters.
Raamdeo Agrawal, joint managing director at Motilal Oswal Financial Services, tells Sheetal Agarwal key trends in this earnings season and investment themes in Indian markets.
In five years, per-employee revenue for IT companies grew at 9 per cent each year.