Perspective on Indian Markets post the US Tariff Announcement by Mr. Jyoti Prakash, Managing Partner. Equity and PMS at AlphaaMoney

Below the Perspective on Indian Markets post the US Tariff Announcement by Mr. Jyoti Prakash, Managing Partner. Equity and PMS at AlphaaMoney
“Obviously, a ten-fold rise in tariffs will be a drag on growth, to the extent of 20-30bps. But, it would be a mistake to extrapolate the announced tariffs to eternity. We expect a trade deal in the next 6 months leading to reductions in rate of tariffs, maybe in the region of 15%. Meanwhile, do expect small cut to EPS estimates of major indices as the correlation of GDP growth and corporate profitability is highest for India vs. peers.”
Above views are of the author and not of the website kindly read disclaimer










More News

Quote on Market Morning Inputs by Shrikant Chouhan, Head Equity Research, Kotak Securities


