Sanjeev Prasad of Kotak Institutional Securities says disappointment in earnings or economic recovery may result in overseas investors changing their favourable view on India. Among emerging markets, India stands out given its strong macroeconomic position, ongoing economic reforms and political stability. When and by how much do you see an earnings recovery? So, it is not a broad-based earnings recovery led by an economic recovery. Thus, disappointment in earnings or economic recovery may result in overseas investors changing their favourable view on India.

Source: Mint May 08, 2017 00:33 UTC