Earnings to trail economic growth, buy consumption: Goldman

Nupur Gupta of Goldman Sachs thinks the divergence between equity earnings and economic growth should not necessarily be taken as evidence against a pick-up in growth, but rather as a function of measurement and composition differences.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney IThe Winning Leap SME Special
Moneycontrol

Home » News » Markets » FII View

Oct 18, 2016, 09.32 AM | Source: CNBC-TV18

Earnings to trail economic growth, buy consumption: Goldman

Nupur Gupta of Goldman Sachs thinks the divergence between equity earnings and economic growth should not necessarily be taken as evidence against a pick-up in growth, but rather as a function of measurement and composition differences.

Like this story, share it with millions of investors on M3

Earnings to trail economic growth, buy consumption: Goldman

Nupur Gupta of Goldman Sachs thinks the divergence between equity earnings and economic growth should not necessarily be taken as evidence against a pick-up in growth, but rather as a function of measurement and composition differences.

Post Your Comments

Share Cancel

Nupur Gupta of Goldman Sachs thinks the divergence between equity earnings and economic growth should not necessarily be taken as evidence against a pick-up in growth, but rather as a function of measurement and composition differences.

"Looking forward, our strategists expect corporate earnings growth to recover in FY17 and outpace its regional peers," he says.

That said, he thinks that the under-representation of agriculture and elevated credit costs for public sector banks may continue to cause earnings growth to trail real economic growth in the near term.

To benefit from potential swings in underlying economic growth, his strategy team recommends buying consumption and government capex beneficiaries, Gupta says.

Buy, Hold, Sell ? Hear it first on M3
Earnings to trail economic growth, buy consumption: Goldman

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login