Expect Earnings Season To Be Muted: S Naren
  • Elizabeth George
  • Oct 01 2013

October 1: ICICI Prudential AMC’s S. Naren says investors are clearly concerned about returns on investment. This scenario throws up some cheap stocks, but convincing investors of the benefits is very tough, he says. “Earnings is a lagging indicator and will recover as things improve,” he says, adding that we will see a muted earnings season. A good drop in loan to deposit ratios, a crude price correction and low trade deficit would be healthy signs, he adds.