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Amish Shah bullish on Pharma, cautious on IT; foresees FY27 growth and foreign investor revival.
Summary
Market strategist Amish Shah has expressed a bullish outlook on the Indian pharma sector while maintaining caution on the IT sector. This analysis anticipates a constructive phase for Indian equities, driven by projected earnings acceleration and a potential revival in foreign investor interest. The report specifically forecasts significant growth for the Indian market in Financial Year 2027 (FY27), offering insights into future economic trends for competitive exam aspirants.
Key Points
- 1Market strategist Amish Shah holds a bullish outlook on the Indian pharma sector.
- 2Amish Shah maintains a cautious stance regarding the Indian Information Technology (IT) sector.
- 3Indian equities are anticipated to enter a constructive phase with projected earnings acceleration.
- 4A potential revival in foreign investor interest is foreseen for Indian equities.
- 5Significant earnings growth for Indian equities is specifically projected for Financial Year 2027 (FY27).
Full Article
Indian equities are poised for a constructive phase, with strategists anticipating earnings acceleration and a potential revival in foreign investor interest. While near-term earnings surprises are limited, FY27 is projected to see significant growth. Pharma is favored over IT, with selective opportunities in midcaps and other sectors.