No negative cues for mkts, Q2 earnings have been supportive: Gaurang Shah

If the earnings do not pick up in the third or the fourth quarter, it will be a negative for the markets, Shah added

Only geo-political uncertainties or natural calamities, which no one can predict, will drag the sentiment in the near future, said Gaurang Shah, Head Investment Strategist at Geojit Financial Services in an interview with Pranati Deva. If the earnings do not pick up in the third or the fourth quarter, it will be a negative for the markets, he added.

How are you mapping the earning season so far and has it largely been in line with expectations?

The earnings season has not been disappointing. Improvement has been visible in some of the sectors and stocks, especially the FMCG and consumption-driven space. One