Nifty top-line is expected to grow by 10% Y-o-Y while Bottom-line should grow by 6% Y-o-Y. Performance is likely to be impacted by slowdown in demand due to a weak festive season, Liquidity tightening and muted consumer sentiment.
Birla Mutual Fund expects equity markets to deliver 13 per cent return this year on the back of revival in corporate earnings growth and reversal in foreign inflows despite many challenges, both on the domestic and global fronts.
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this site are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither IndiaNotes nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.