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DAILY VOICE | India Inc is expected to see strong earnings cycle over next 2-3 years: Rupen Rajguru of Julius Baer

As we are expecting an economic recovery, we like financials and domestic cyclicals as an economic leverage play over the next 1-2 years.

April 27, 2021 / 07:24 AM IST

Rupen Rajguru, head of equity investment and strategy, Julius Baer, believes this is a 'buy on dips' market along with it being a 'de-polarised' one. He does not foresee a 2020-like scenario wherein a nationwide lockdown affected the economic growth.

More localised restrictions are expected to be put in place to curb the spread of COVID-19, which companies can handle, he said.

Rupen has over 19 years of experience in the Indian Capital Markets. Rupen has been with Julius Baer - erstwhile Bank of America Merrill Lynch for the past 12 years and prior to that, he has worked with HDFC Bank and Citibank NA.

After a period of almost 7 years wherein the Nifty earnings grew in low single-digits, we expect to enter a phase of strong earnings, he said in an interview with Moneycontrol's Sunil Shankar Matkar.