Gautam Duggad, Head Of Research, Director – Institutional Equities at Motilal Oswal Financial Services, says stock markets are reacting maturely to tariff impacts, with major sectors like financials and IT remaining relatively stable. Earnings growth is expected to be driven by domestic economic factors and a shift towards consumption-focused policies. While large sectors face limited … Read more
Gautam Duggal, Head Of Research – Institutional Equities, Motilal Oswal, says the potential for a re-rating of price-to-earnings (PE) ratios appears quite challenging at this moment, with only limited opportunities in select areas. The only sector where some re-rating potential remains is in financials, particularly among large-cap banks, which are currently undervalued. There is a … Read more
(This story originally appeared in on May 08, 2023) MUMBAI: It’s been halfway through the results season and the initial set of numbers for the January-March quarter (Q4FY23) show that frontline companies have performed slightly above estimates, with companies from the banking & financial services (BFSI) outperforming companies from other sectors. The 26 Nifty companies … Read more