India's valuations, earnings trend not favourable: Expert

172 reads

activitystream_image: 

As is the case every year, markets are hopeful of a demand recovery in the second half, after initial GST (goods and services tax) disruption and into the big festive season. This is reflected in optimistic earnings estimates and valuations. Our analysis of more than 25 recent monthly hard/soft data prints suggest activity remains broadly muted and recovery is unlikely in the near term. Moreover, our proprietary UBS Evidence Lab survey of 1,500 urban consumers suggests that while there is some recovery in household sentiment on income, inflation expectations remain high and ...

TO READ THE FULL STORY, SUBSCRIBE NOW AT JUST Rs 149 A MONTH

Access your subscription from anywhere. Be it your computer, tablet or smartphone using a browser or the App, Your Choice.

Access to ex

.....