Rajiv Batra from JPMorgan predicts a difficult Q2 for India due to weather impacting demand but remains confident about long-term growth prospects. He favors healthcare, especially pharma and hospitals. Autos face stiff competition. Batra expects Indian markets to have a 13-15% CAGR and anticipates FII flows stabilizing after the US elections.
Nifty at 10-month low: Iran war, US Fed, crude oil among 9 factors likely to steer D-Street this week
Indian markets closed the week down 5.3% due to the Iran-Israel conflict, a weakening rupee, FII outflows, and fuel supply concerns. Key events this week,