JM Financial sees earnings upgrades ahead for FY27
after close1 source ↓written by the desknot a recommendation
- often leads
- 14-month consolidation phase
- over the next
- 30–40% returns
India's equity markets may be poised for a broad-based rally in FY27, according to Ankur Jhaveri of JM Financial. After a strong Q2 earnings season, he noted that the current 14-month consolidation phase often leads to 30–40% returns over the next year. Key sectors like BFSI, metals, and energy are expected to drive earnings upgrades.
Not investment advice. For informational purposes only.