India's growth is largely being driven by global factors at the moment, said Suhas Harinarayanan of JM Financial Institutional Securities. Also, domestic factors like good monsoon and several government initiatives (like the GST Bill) are contributing to India's growth, he added. He said: "The markets are now stable and some domestic factors are being priced in." He expects earnings growth to be in double-digits in FY17.
0 comments:
Post a Comment