Crude oil shock clouds near-term outlook, but FY27 earnings growth still intact: Karthikraj Lakshmanan

June 1, 2026

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 prices are noted, but India remains resilient, with potential for double-digit earnings growth. Selective sector bets, particularly financials and IT, are favored over unpredictable fund flows.

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