![](https://img.etimg.com/thumb/msid-112860720,width-1200,height-630,imgsize-28574,overlay-etmarkets/photo.jpg)
What’s driving Nifty to new all-time highs? Mihir Vora answers
"So, obviously, on one side, you have earnings which are kind of decelerating, I would say, not going down, but the momentum is not as great as it was last couple of quarters and that is primarily because the margin tailwind that we had for the last …