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'Markets may not be able to meet FY22 earnings estimate'


‘Markets may not be able to meet FY22 earnings estimate’
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Markets are at risk of not being able to meet earnings expectations for FY22 and downgrade of earnings, Satish Ramanathan, managing director and chief investment officer, equity, JM Financial Asset Management Ltd, said in an interview. If there is a third covid wave, the most vulnerable sectors will be tourism, and hospitality and travel, while manufacturing has learned to cope with it. The record number of new-economy stocks that are getting listed will reflect better in the economy, and hence, there may be a reallocation of capital in the market, he said. Edited excerpts: ....

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AMC space will see innovation and growth: Satish Ramanathan from JM Financial Asset Management

AMC space will see innovation and growth: Satish Ramanathan from JM Financial Asset Management
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This is not the best time to put in lots of fresh money into equities: Satish Ramanathan, JM Financial AMC

With valuations high and the market ignoring the likely fallout of the covid second wave, investors would do well just to hang on to existing investments, says Satish Ramanathan, MD & CIO, Equity, JM Financial AMC, tells ET Wealth in this interview. ....

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