Karma Capital believes that the government has delivered on all counts of capex, consumption and credit.
Sunil Shankar Matkar
February 05, 2023 / 10:19 AM IST
Vinay Jain of Karma Capital
Markets are expected to move within a range in the short term on the back of worsening global macros arising out of geopolitical uncertainties and recessionary fears, says Vinay Jain, Portfolio Manager at Karma Capital.
Having spent more than 11 years in equity research and portfolio management, he sees domestic-focussed sectors perform relatively better than those with global exposure.
Banks, capital goods, engineering, industrials, and consumption-driven companies should get a huge fillip from the budget and deliver strong earnings performance while earnings for sectors like technology and commodities are expected to be relatively weaker, says the Portfolio Manager of the Karma India AIF.
What is your rating for the Budget on a scale of 1-10 or is it beyond 10?
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