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NOMURA - RBI Expected To Tread A Cautious Path NOMURA - Remain Cautious On Pricing Behaviour Until After GST's Implementation

Is Recovery In Sight For Capital Goods?

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August 6: Talking about the possibility of a recovery in capital goods, David Gaud, Sr. Portfolio Manager at Edmond de Rothschild Asset Management, says, “A lot of capital goods contracts were mispriced and margins’ recovery for most companies is not sustainable.” says. The infra cycle in India is far from over but IT space is optimistic, he says, while remaining positive on TCS and expecting a rebound in Larsen & Toubro.