The market always has stock opportunities whether it is a bull, bear or consolidative phase, say experts. It is for the investor to pick the right stock at the right time and the right price.
Ever since the government took a raft of measures, including a cut in the corporate tax rate, experts have turned more bullish, though the market seems to have already priced in expected earnings growth. The benchmark indices have rallied 13 percent since September 20, the day the corporate tax was lowered.
Most experts expect earnings and economic growth to pick up in the next financial year, though Q2 GDP pointed to a deepening slow down in the economy. The third quarter is unlikely to be better, considering the weakness across major sectors.
Experts do not see a major improvement in earnings this year and GDP growth could be well below 5 percent. They, however, do expect double-digit earnings growth next year, with around 6 percent growth in GDP though on a low base of last year.
Ever since the government took a raft of measures, including a cut in the corporate tax rate, experts have turned more bullish, though the market seems to have already priced in expected earnings growth. The benchmark indices have rallied 13 percent since September 20, the day the corporate tax was lowered.
Most experts expect earnings and economic growth to pick up in the next financial year, though Q2 GDP pointed to a deepening slow down in the economy. The third quarter is unlikely to be better, considering the weakness across major sectors.
Experts do not see a major improvement in earnings this year and GDP growth could be well below 5 percent. They, however, do expect double-digit earnings growth next year, with around 6 percent growth in GDP though on a low base of last year.
For Quick Trial – 91091-93302 ✔
or mail us here: info@moneyplantresearch.com
or visit https://www.moneyplantresearch.com
No comments:
Post a Comment