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Will earnings downgrade continue in the coming months?

Consensus earnings growth estimates for FY16 have already come down to just 7% 

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Published 5 years ago on Jan 21, 2016 1 minute Read

Anand Shah, CIO, BNP Paribas Mutual Fund

We expect earnings to move up from here on. Whether it will be a strong recovery or a slow one is difficult to say, but we are definitely in for a turnaround. This is because we do not expect further correction or stress in the commodities space. Instead, we expect companies in this space to start contributing to overall earnings. We also have domestic sectors such as FMCG, automobile, pharma and consumer goods that are doing relatively well. We might see earnings bou

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