No Recovery In Earnings, Investment: Neelkanth Mishra
  • Gaurav Sarkar
  • Aug 20 2013

Neelkanth Mishra, Head of Equity Strategy India at Credit Suisse states that the investment cycle collapse is now priced in and that there has been no recovery seen in investment and earnings. Mishra believes that many sectors like infrastructure and metals are becoming irrelevant and that a broader market sell-off will be a self-fulfilling prophecy. He also expects Pharma and tech to hold up going ahead.