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As confidence improves, broader markets will do better: Sunil Singhania

SINGHANIA, Abakkus Asset Manager, tells Puneet Wadhwa that back home, the September 2020 quarter results may comprehensively beat expectations and that may result in big earnings upgrades

SUNIL SINGHANIA, Founder,  Abakkus Asset Manager
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Sunil Singhania, Founder, Abakkus Asset Manager

Puneet Wadhwa New Delhi
With the markets near an all-time high despite uncertainty surrounding the US poll outcome and fresh lockdowns across major cities across the globe, SUNIL SINGHANIA, founder, Abakkus Asset Manager, tells Puneet Wadhwa that back home, the September 2020 quarter results may comprehensively beat expectations and that may result in big earnings upgrades. Edited excerpts:

How are you viewing the developments surrounding the US presidential polls?

The US presidential election always leads to near-term volatility. But, irrespective of the outcome, the markets have remained positive for three months after the election. This time, investors were extra cautious in the run-up to the election.