Cyclicals To Drive Q4 Earnings; Rising Covid-19 Cases A Headwind: Motilal Oswal

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.FY21 has been a stellar year for the markets as all the mainstream indices have delivered solid returns on the back of sharper-than-expected economic and corporate earnings recovery.The Nifty is expected to end FY21 with healthy 13% earnings growth, the highest since FY11, despite the challenges posed by the Covid-19 pandemic.1. Broad market share shifts toward organized corporates across sectors and2 prudent cost optimization measures catalyzed this 13% earnings growth in a year when nominal gross domestic product is expected to decline 4% YoY.Q4 FY21 is likely to be another strong quarter as high-frequency data points indicate decent economic recovery. However, a spike in Covid-19 cases in the second wave has started somewhat muddying the outlook..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Cyclicals To Drive Q4 Earnings; Rising Covid-19 Cases A Headwind: Motilal Oswal

Cyclicals To Drive Q4 Earnings; Rising Covid-19 Cases A Headwind: Motilal Oswal

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