Rupee stabilisation expected, auto and consumption sectors to lead
after close1 source ↓written by the desknot a recommendation
In an interview with ET NOW, Mahesh Patil, CIO of Aditya Birla Sun Life AMC, indicated that domestic equity markets are set for a meaningful recovery in H2 FY2024. Key drivers include stronger consumption demand and improving corporate earnings, which are projected to rise into the low double digits after four quarters of single-digit growth. This positive outlook may attract FIIs back to the market.
Not investment advice. For informational purposes only.