In just 15 sessions, the NSE flagship index has rallied nearly 900 points from the 19,000 level, hit on June 28, on strong global market cues, signs of an end to the US Federal Reserve’s rate tightening cycle, and most importantly, strong foreign investor inflows. The ongoing earnings season on Dalal Street is also lending support to the bulls.
Where does this FII find scope for 15% CAGR in earnings for next 3-4 years?
Vikas Pershad and Deepika Mundra from M&G Investments outline their investment strategies, focusing on sectors such as auto ancillaries, EMS companies, and defence. They emphasize
September 27, 2024