Updated Jan 27, 2021 | 15:41 IST
2020 was a year of one-offs as per him, he believes that 2021 will see normalisation of returns. Screengrab
Everyone has expectations from the Budget 2021, but unless there is something very substantial in the Budget the market may move intraday and put the event behind us. The market had factored in well in advance that there would be a sharp economic rebound & hence had moved ahead, in fact, corporate earnings are not turning out as bad as most had earlier thought, tells Prashant Khemka of White Oak Capital to Ajaya Sharma.
IT Services seeing very strong demand trends from around the world, Banking sector so far has given out solid numbers showing very good trends and rebounding unscathed is a big relief, 1-2% of loan books may eventually be impacted due to covid, consumer companies also showing good demand growth part of its pent up but underline economy in rural areas also picking up.
4 triggers that’d boost cyclical growth in next 4-6 months
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Last Updated: Dec 17, 2020, 07:35 PM IST
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Synopsis
The fact that the central government decided to clear fertiliser subsidy arrears is a sign that they are not under fiscal stress and normalised spending by state and central governments can be a tailwind to growth, says Neelkanth Mishra.
ETMarkets.com
Foreign currency reserves have gone from $468 billion to $579 billion in eight and a half months which is like 4% of GDP added in eight and a half months, says
By Ajaya Sharma
In the next four to six months, cyclical growth could surprise on the higher side. What are the drivers of this surprise growth which you are talking about?