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    HomeNewsBusinessMarketsExpect Sensex earnings to grow at 20.7%: Kotak Inst

    Expect Sensex earnings to grow at 20.7%: Kotak Inst

    We expect Sensex earnings to grow at 20.7% YoY in Q3FY11 led by automobiles, banking, metals and property stocks even as cement, sugar, telecom and utility stocks are likely to weigh down earnings.

    January 06, 2011 / 09:03 IST

    Here is expert equity call for the day on how the markets are expected to trade:

    Sanjeev Prasad, Kotak Institutional Equities: We expect Sensex earnings to grow at 20.7% YoY in Q3FY11 led by automobiles, banking, metals and property stocks even as cement, sugar, telecom and utility stocks are likely to weigh down earnings. On an ex-energy basis, we expect the earnings of our universe to grow faster at 12.1% on account of large losses in downstream oil companies since we assumed nil compensation from the government.

    first published: Jan 6, 2011 09:02 am

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