Q3 earnings recovery could trigger market upswing: Nikhil Ranka

Q3 earnings recovery could trigger market upswing: Nikhil Ranka

“If we look at individual sectors—specifically IT—most large-cap names are now trading at less than 20 times FY27 earnings. These are the levels they had hit when tariff uncertainty was at its peak, so incremental downside from here seems limited for IT names,” says Nikhil Ranka, Nuvama Asset Management. Similar question, because yes, the index … Read more