The environment is good. Earnings growth this quarter will be probably around 10% and for the next few quarters it will also be in that range and rates are going to come down. And barring a recession, which I do not think is going to happen, the stock market should not fall too much.
Capex stocks face valuation hurdle despite growth potential: Manish Sonthalia
Manish Sonthalia of Emkay Investment Managers highlights the impact of macroeconomic changes on India’s market, particularly regarding de-dollarisation and fiscal policies. He notes the benefits