Sharma said equity investors in India had a good opportunity to exit their positions in April. That is because while benchmark indices were rallying, market internals were bad and the rupee had already begun to weaken. If you didn‘t take it , I don't think that opportunity is going to come back in a hurry, he said.
With the fourth quarter earnings season underway, Gautam Chhaochharia of UBS India says the market is fairly prepared for a subpar financial performance from Corporate India.