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Economic Growth Priced In, Earnings To Drive Indian Stocks, Says Credit Suisse's Neelkanth Mishra
After a prolonged lull, Nifty EPS Credit Suisse forecasts to grow 15% annually in FY19-24.
13 Dec 2021, 07:51 AM IST
Indian stocks will be driven by earnings as domestic equities have already priced in strong medium-term prospects for the country’s economy, according to Credit Suisse.The GDP forecasts need significant upgrades, and not just for the next fiscal starting April 2022, but for years to come, Neelkanth Mishra, co-head of equity strategy, Asia Pacific; and India equity strategist at Credit Suisse, said in an interview with BloombergQuint'...
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