Monday, November 6, 2023

Earnings growth worrisome, FIIs may find stocks expensive; recovery relies on festive demand: Ambit

Earnings growth worrisome, FIIs may find stocks expensive; recovery relies on festive demand: Ambit Dhiraj Agarwal of Ambit Investment Managers flags caution about earnings, weak topline growth, and stagnant foreign investment in India#39;s stock market. While the upcoming festive season may aid in market recovery the government capex may soften in Q4 FY24 and FY25

from Moneycontrol Market Outlook https://ift.tt/q5mZ2OU

No comments:

Post a Comment

Asian shares start cautiously, dollar edges down

Asian shares opened cautiously amid anticipation of fresh trade news influencing US asset demand. The dollar weakened as trade tensions and ...