Tuesday, April 25, 2023

Earnings momentum unlikely to resume soon, says Harsha Upadhyaya of Kotak MF

Earnings momentum unlikely to resume soon, says Harsha Upadhyaya of Kotak MF Harsha Upadhyaya, CIO Equity at Kotak Mutual Fund, expects a range-bound market in the near term, citing the unlikely resumption of earnings momentum. He remains cautious on the IT and new-age space and is bullish on sectors with steady earnings growth, such as banking, auto, cement, and industrials.

from Moneycontrol Market Outlook https://ift.tt/tE7cFgX
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Short-term volatility may persist, but FII flows and economic activity to keep sentiment positive: Vikas Khemani

Vikas Khemani of Carnelian Asset Management remains optimistic about Indian markets, citing a strong domestic growth story and the resolutio...