Retail volumes will continue to trend upwards: Krishna Karwa, Emkay Global

Technology, Telecom, information technology (IT), Pharma, and Speciality Chemicals are some of the sectors, which Karwa says, despite the recent run up, still have some left

After the sharp rally in the Indian equity markets since their March 2020 low, KRISHNA KUMAR KARWA, managing director, Emkay Global Financial Services tells Puneet Wadhwa that financial year 2021-22 (FY22) should see robust growth in the domestic economy, and current stock prices broadly reflect this expectation. Edited excerpts:

What is the outlook for the markets for the remaining part of calendar year 2020 (CY20)?

Going forward, the markets will be looking for cues on the sustainability of the gains made so far and for incremental recovery in the domestic economy in the July – September 2020 quarter. The key