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Daily Voice | Q2 earnings to be mixed bag with subdued numbers likely from commodity businesses, says this seasoned investment professional

Kunal Bhakta of First Water Capital says the RBI has behaved in quite a calibrated manner and will continue to drive India's monetary policy prudently.

October 10, 2022 / 02:30 PM IST

The possibility of hitting June lows at an index level cannot be ruled out as we can't be insulated from risk aversion in global equities, says Kunal Bhakta of First Water Capital.

The Reserve Bank of India (RBI) has behaved in quite a calibrated manner and will continue to drive India's monetary policy prudently, says Kunal Bhakta of First Water Capital in an interview with Moneycontrol.

On corporate earnings, the seasoned investment professional with 15 years of experience in capital markets says it's going to be a mixed bag with a subdued performance likely in commodity businesses for the September-ending quarter.

With the current weakness in the market, the Co-founder of First Water Capital says the possibility of hitting June lows at an index level cannot be ruled out as India can't be insulated from risk aversion in global equities.