Valuations are reasonable and the outlook is improving in IT, BFSI and FMCG. Defence, engineering and power are clearly overpriced and some profits can be taken, Nischal Maheshwari of Centrum said
Profit margins for Indian companies are likely to improve as input costs have stabilised since last year, says Nischal Maheshwari, CEO of institutional equities at Centrum Broking
Investors should keep a close check on the actual inflation trajectory and related RBI monetary policy action and exit strategy from current monetary conditions, he said