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Broker call● Neutral for Indian equities
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25% according to analysts
The brief
- The coming earnings season will reflect a bad monsoon, higher oil prices and pockets of higher inflation
- Analysts see over 25% upside potential for large-caps with ‘strong buy’ and ‘buy’ recommendations
- Higher oil and inflation may pressure Indian companies’ input costs and earnings
- El Nino effect: India’s coal imports may rise in October-December
- India’s kharif crops output may be lower, crops in winter season also at risk in rainfed areas
- Maharashtra drought: Why the 265-tehsil crisis could hit markets and the economy
- El Niño risks lower rabi output in rainfed areas
- El Nino may turn 'very strong' by late 2026, raising risks for India: IRI