Reins On The Enthusiasm
The Last Good Q
The Q4 results are healthy. But inflation bodes ill for the future.
- Although Q4 has been good for India Inc, experts feel there'll be slow earnings growth in the near future
- The stockmarket has de-rated the Sensex and the Nifty, apart from individual stocks
- Merrill Lynch feels that the sectors likely to get hit are auto, consumer staples, cement and healthcare
- In FY 2006-07, while corporate earnings grew 35%, the Sensex grew by only 16%
- In the same fiscal, FII inflows were down 48%
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