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'Markets are in the midst of figuring out the impact of the 2nd Covid wave'

While the market has weakened from its high, it is up significantly over the year, and is trading at multiples that are well above its mean, says Aditya Narain of Edelweiss

Edelweiss Securities | Aditya Narain | Market Outlook

Puneet Wadhwa  |  New Delhi 

Aditya Narain, Head Research, Institutional Equities, Edelweiss Securities
Aditya Narain, Head Research, Institutional Equities, Edelweiss Securities

The bears seem to be tightening their grip on the amid a sharp rise in Covid cases across the country. ADITYA NARAIN, head research – institutional equities at Edelweiss Securities, tells Puneet Wadhwa in an interview that going ahead, corporate earnings’ estimates could get trimmed, given the ferocity of the second wave, and importantly its spread, beyond urban areas. Edited excerpts:



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First Published: Mon, May 03 2021. 11:12 IST