Besides macro worries, the FII flow this month is likely to be guided by the earnings season, which begins next week. Analysts expect profit growth to be healthy owing to strong top-line growth. “Low base is likely to aid strong growth in autos, industrials and consumer services, while financials and chemicals shall sustain their momentum. Meanwhile, earnings moderation is likely in IT, pharma, cement and durables,” Edelweiss Securities said in a report.from Stocks-Markets-Economic Times
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