Market Watch out! Top 10 stocks brokerages downgraded post June quarter Updated : August 24, 2019 09:06 PM IST Elara Capital downgraded Nifty50 EPS for FY20 to 582 (4.3 percent) and FY21 to 701 (4.2 percent) in the past quarter, primarily led by auto, energy and IT. Most brokerages downgraded earnings estimates as half of the companies they cover missed expectations. Of 114 companies CLSA covers, earnings of 36 percent companies were below expectations. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.