Insights from management commentaries provide indicators of the Indian economy’s health in Oct-Dec quarter. IT sector revenue growth remains muted. Pharma sector sees promising PAT growth. Banking sector experiences robust credit growth. Auto sector witnesses deceleration in volume growth. FMCG sector faces slow sales growth.
Mid- and small-cap pressure persists as valuation concerns deepen: Harsha Upadhyaya
Amidst DII buying and FII outflows, mid- and small-cap corrections are driven by valuation and earnings realities, according to Harsha Upadhyaya. He advises caution in