In an interview to CNBC-TV18, Sindhu Sameer, Co Head - Institutional Equity Sales of Emkay Global Financial Services, spoke about his reading of the market and his outlook.
Q1 numbers were not as much in line as it was expected. Earnings growth has been brought down from 18 percent, he said.
Indian story is continuing. The mood remains upbeat from institutional investor side and the corporate side, he added.
Overall consumption space is robust, belief in that space is robust. The overall arching theme is around individual consumption and it is playing out very well, both from the investor side and from the corporate side, said Sameer.
Speaking about Infosys, he said that he sees EPS growth of about 8-9 percent for FY19.
For full interview, watch accompanying video...
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