India Inc earnings likely to get worse before getting better from H2 of 2023
Most world equity markets in 2022 have given negative returns. MSCI World index is down ~20%, NASDAQ down over ~30%, China ~25% and India in dollar terms ~10%. Key reasons being (a) Prolonged on-going war; (b) Sharply rising Interest rates; (c) Sticky Inflation rates (which have finally started falling); (d) Reducing liquidity. However, a lot … Read more