Markets' focus on macro not earnings

The earnings season so far seems to have left the bourses untouched. And CNBC-TV18's managing editor Udayan Mukherjee says that the focus is on macro factors and not on earnings.

January 21, 2011 / 20:23 IST
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The earnings season so far seems to have left the bourses untouched. And CNBC-TV18's managing editor Udayan Mukherjee says that the focus is on macro factors and not on earnings.

"This earning season will pretty much pass like this without having any major impact on the Nifty. Individual stocks will adjust 3-4% but I doubt whether this is a central thing which drives the market from hereon," he points out. Below is a verbatim transcript of his comments on CNBC-TV18. For the complete details watch the accompanying video. Q: We have got a market that

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