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Daily Voice | India Inc could face earnings downgrade in Q4FY22 after seven quarters of upgrade: Hemang Kapasi of Sanctum Wealth

The key tail risk for markets globally is geopolitical tensions. If it continues to flare up, it shall keep supply side shocks unresolved for months making inflation unmanageable which could eventually hurt the prospective demand.

March 30, 2022 / 01:41 PM IST
Hemang Kapasi is the Head of Equities at Sanctum Wealth

Hemang Kapasi is the Head of Equities at Sanctum Wealth

Hemang Kapasi, Head of Equities at Sanctum Wealth feels banking and financials are well-placed right now with the improving credit costs and rising interest rate environment, which is better for NIM (net interest margin) expansion.

We believe banking and financials should do well once the current geopolitical tensions diffuse, said Kapasi in an interview to Moneycontrol.

Hemang Kapasi has more than 13 years of experience in the equity market.

Talking about the earnings, he said India Inc is bracing for earning downgrade in Q4FY22, largely led by elevated input and power costs.