Earnings Won’t Move Market Needle: Madhusudan Kela
  • Saba Ashraf
  • Aug 30 2013

August 30: “Most experts and analysts see 0-2% earnings growth. In such a case, earnings will not lead markets unless it registers huge growth,” says Madhusudan Kela, Chief Investment Strategist at Reliance Capital. He points out that Indian markets are suffering from a lack of investor confidence, and this should be top of mind for authorities scripting policy reforms, he adds.