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Q1 disappointment may drag market 5-7% down by Aug: BofA ML

While experts predict a mixed-bad of numbers this earnings season (Q1FY12), Jyotivardhan Jaipuria, head of research at BofA Merrill Lynch seems quite sure that India Inc will largely disappoint. In fact, he expects only 12% earnings growth for Sensex companies.

July 11, 2011 / 14:28 IST
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While experts predict a mixed-bad of numbers this earnings season (Q1FY12), Jyotivardhan Jaipuria, head of research at BofA Merrill Lynch seems quite sure that India Inc will largely disappoint. In fact, he expects only 12% earnings growth for Sensex companies

first published: Jul 11, 2011 11:57 am

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