Were expectations of FII flows coming back with a bang in 2024 misplaced? Shibani Sircar Kurian answers

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Shibani Sircar Kurian says: “So far earnings have been predominantly led by domestic businesses, which are still holding up well. The second sector, which has also been a key contributor to earnings has been the banking sector. Incrementally, we are seeing some degree of margin pressure and therefore, you need to moderate earnings from that perspective.”

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