New Delhi, Oct. 14 -- The Indian domestic market had a muted Samvat 2081, with both benchmark indices - Sensex and Nifty - shedding over 1% during this period. Earnings weakness, tariff uncertainty and a series of geopolitical and macro headwinds derailed the Indian market sentiment in the last one year.
The fall was steeper in the broader market as the Nifty Midcap and Smallcap Index underperformed and lost ~5.6% and ~5.4%, respectively.
Domestic brokerage Kotak Securities remains cautiously bullish on the Indian stock market for Samvat 2082. It expects (1) stabilizing earnings, (2) strong growth in earnings of 17.6% in FY27 to Rs.1297 and of 14.3% in FY28 to Rs.1487 and (3) a steady macro to provide a 'high' floor to the market but ri...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.