Indian equity indices may see close to zero returns through 2022 in base case: Sanjay Mookim

Indian equity indices may see close to zero returns through 2022 in base case: Sanjay Mookim

Multi-year high oil prices could hurt India’s private consumption, government expenditure and corporate margins, said Sanjay Mookim, India strategist and head of equity research at JP Morgan India. In an interview, Mookim said his base case is for close to zero returns from headline Indian equity indices through 2022, with the growth in earnings likely … Read more