Nilesh Shah Expects Earnings Recovery in Samvat 2083, Highlights Three Sectors
· Business · Moneycontrol, LiveMint
Kotak Mahindra Asset Management Managing Director Nilesh Shah has forecast an earnings recovery in the new Hindu calendar year Samvat 2083. He identified financial services, consumer discretionary, and industrials as the three sectors investors should watch for outperformance. Shah noted that corporate earnings growth has lagged nominal GDP growth over the past two years, creating a favourable base for a turnaround. He added that the upcoming festive season and government capital expenditure could provide near-term triggers for these sectors. The market veteran also cautioned that global liquidity conditions and geopolitical risks remain key variables for Indian equities.
Why it matters
Retail and institutional investors tracking Indian equities get a clear sectoral roadmap from a leading fund manager ahead of the festive and earnings season.
Read the original report — Moneycontrol
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