Revenue growth in Q3 remains robust at 24%: Ridham Desai

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Here are experts equity calls for the day on how the markets are expected to trade:

Ridham Desai, Morgan Stanley: Aggregate earnings so far have been flat and 6 percentage points behind MS expectations. Even as revenue growth remains robust at 24% YoY, margin compression is evident in 7 out of 10 sectors. Technology and consumer staples have seen the maximum beats and misses thus far.

Nandan Chakraborty, Enam: The current rally has spurred high beta stocks across sectors and is the most pronounced theme of the ongoing domestic market up-move. However, delivery data trend indicates that most people are still apprehensive about this rally.