#39;Quality midcaps with low debt burden should start outperforming soon; see Nifty at 12,600 by March 2020#39;

We are of the view that earnings growth could even fall to 10 percent to 11 percent leading to costlier valuation for FY20 in terms of price to earnings ratio.

from Moneycontrol Market Outlook https://ift.tt/2OM91gZ