Mid- to high-teens earnings growth for next 2 years likely: Shibani Sircar Kurian
I don;t know what led to the market fall on Friday and we seem to be the standalone case amongst all of our global peers. But that said, do you expect some more corrections and could that be a great buying opportunity?
Shibani Sircar Kurian: Our markets have performed extremely well in the overall context of the emerging markets and clearly from that perspective India has been a standout. My view is that the ingredients that you have seen which have driven markets so far are still fairly intact. We are in the midst of our earnings season and so far, corporate earnings delivery has been pretty much in line with expectations with most of the sectors and stocks that have reported numbers so far by and large have been in line with estimates.
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Offering CollegeCourseWebsiteIIM LucknowIIML Chief Executive Officer ProgrammeVisitIIM LucknowIIML Chief Operations Officer ProgrammeVisitIndian School of BusinessISB Chief Digital OfficerVisitSo, after a long period of time, we have seen that over the last few quarters. earnings upgrades and downgrades have been pretty much in a narrow band. So, earnings have been steady. Flows continue to be strong especially on the domestic side and that is also helping. Of course, when markets outperform in a big way especially in the context of emerging markets and China, we do expect some degree of volatility.
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