Analysts expect strong FY20 earnings growth for health care, financials

According to analysts, financials are likely to be the pick of the lot with the sector estimated to clock earnings growth of 53% in FY20

Market participants expect fundamentals to come into focus after election-related noise dies down. Some of the sectors where analysts expect to see strong earnings growth include health care, telecom & media, consumer discretionary and financials. 

Analysts expect the health care sector to see earnings growth of 31 per cent in FY20 as they hope some of the US-pricing issues could ease. 

Telecom & media is expected to witness a dip in FY19, before seeing a strong recovery in FY20. The earnings growth for the sector in FY20 could come in at 30 per cent. The consumer discretionary is also expected to report