Indian equities may have weathered a turbulent global environment with surprising resilience in the March quarter, but investors should brace for possible earnings disappointments in the first quarter of FY27 as geopolitical tensions and energy disruptions threaten to weigh on supply chains and corporate profitability.
Speaking to ET Now, Harsha Upadhyaya, CIO, Kotak Mahindra AMC said that the recently concluded quarter delivered stronger-than-expected earnings despite multiple macro challenges. However, he cautioned that the coming quarters could face pressure if energy-related disruptions persist.
