Sunil Singhania's Views, [Abakkus Investment]
The last 2-3 months have been quite challenging for equity investors globally. Indian equities have also seen a sharp drawdown across the board and slightly more in the mid and small cap space. Apart from the macro economic concerns of rising inflation, rising interest rates, fear of growth slowdown and pressure on corporate profit margins; the record selling from FPIs has also been a major cause of this deep correction...
However, we would recommend that investors make fresh investments over the next couple of months. While returns won’t be linear, we are confident that healthy mid teen benchmark earnings CAGR over FY22-25 will eventually get reflected in market returns.
