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The Economic Times
The Economic Times
Business
Anupam Nagar

Nominal GDP growth could fuel largecap recovery; pharma, auto ancillaries remain preferred bets: Shreyash Devalkar

Indian stock markets have continued their upward march even as foreign institutional investors remain largely on the sidelines. Investor attention has increasingly shifted towards earnings performance and stock-specific opportunities rather than relying solely on overall market momentum.

Speaking to ET Now, Shreyash Devalkar, Head-Equity, Axis MF said the June-quarter earnings season has so far been more resilient than initially feared, with listed companies reporting only limited impact from geopolitical tensions and inflationary pressures.

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