Indian stock markets are in a holding pattern. Valuations are high, and investors await clearer signs of earnings growth. Rate cuts offer a positive outlook, potentially boosting spending and profits. Focus is on companies serving the Indian market. Investors are advised to be selective, especially in the FMCG sector. Patience is key as markets adjust.
Crude oil shock clouds near-term outlook, but FY27 earnings growth still intact: Karthikraj Lakshmanan
UTI AMC’s Karthikraj Lakshmanan sees cautiously optimistic Indian market outlook with intact FY27 earnings trajectory, despite near-term crude oil volatility. Macro pressures from rising oil