Earnings downgrades may be ending, says Spark Capital
pre-market1 source ↓written by the desknot a recommendation
Devang Mehta from Spark Capital suggests that India Inc is nearing the end of earnings downgrades as festive demand may continue into future quarters. He emphasizes the importance of discretionary consumption sectors like auto and capex-oriented sectors such as power and renewables in investment portfolios. This outlook could positively influence market sentiment.
Not investment advice. For informational purposes only.