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Expectations For Second Half Of FY14

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October 4: Andrew Holland, CEO of Ambit Investment Advisory, says markets haven’t reflected India’s big problems due to some great defensives. “I am bearish about banks as their results don’t seem to be reflecting the NPLs or restructured assets,” he says, adding that he has low expectations for corporate earnings and growth this quarter. While he likes IT sector, he is concerned about the consumer and pharma sectors.