 "Sanjay Mookim")
Hamsini Karthik caught up with Sanjay Mookim, India equity strategist, Bank of America Merrill Lynch, to understand the severity of demonetisation on India Inc. He remains positive on India and expects Sensex earnings to grow by 12-14 per cent in FY18-19. Pay attention to numbers and don’t go by anecdotal points, he cautions. Edited excerpts:
Two months after demonetisation, companies seem more positive now...
Speaking to company managements may not be very fruitful. Investors should focus on trends in retail sales in their conversations with the companies. Demonetisation is unprecedented and has no global parallels. Our channel checks
Two months after demonetisation, companies seem more positive now...
Speaking to company managements may not be very fruitful. Investors should focus on trends in retail sales in their conversations with the companies. Demonetisation is unprecedented and has no global parallels. Our channel checks
