“Indian markets ticked higher post-US Fed meeting outcome of keeping interest rates unchanged, leading to a decline in US yields that have been impacting global sentiments recently,” said Pankaj Pandey, head of research, ICICI Securities. “Added to this were sustained healthy corporate earnings for the September quarter and robust auto numbers ahead of the festive season.”
Earnings weakness signals no near-term market breakout, warns Madanagopal Ramu
If you are investing in the high growth sectors, you can expect a 20% earnings growth. But if you are going to be a diversified
October 21, 2024