If the earnings don't come through, markets will struggle: Paul Wilson
· economictimes.indiatimes.com
Indian stock valuations are lower, but earnings have disappointed, limiting re-rating potential. Global capital's return to India is not yet a major turn, according to Paul Wilson. Higher US Treasury yields make emerging markets like India more challenging tactically. Financials and specific IT companies are seen as favorable investment areas within India. The Indian rupee's future movement largely depends on US dollar trends and policy decisions.
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