Expert view: Earnings growth will continue to strengthen over coming quarters, says Sandip Raichura of PL Capital
Expert view, Aug. 5 -- Sandip Raichura, CEO of Retail Broking and Distribution and Director at PL Capital, believes the benchmark indices can move around 10% higher from the current levels. He says markets today are better prepared to deal with geopolitical disruptions than they were a few years ago. In an interview with Mint, Raichura said he remains optimistic that earnings growth will continue to strengthen over the coming quarters rather than being pushed out beyond Q4.
The geopolitical tensions in the Middle East have been one of the key overhangs for global markets, alongside concerns around the monsoon and the higher interest rate regime that investors have been factoring in over the next couple of years.
We believe that the conf...
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