See Improvement In Corporate Earnings: Prashant Jain
  • Elizabeth George
  • Sep 30 2013

September 30: HDFC Mutual Funds’ Prashant Jain still believes corporate earnings will improve. A weaker currency boosts IT, pharma, auto, metals companies, he says, adding that a depreciating currency is better for markets. Interest rates will come down in the next 6-9 months as well, so corporate profit growth should not disappoint either, he says, adding that the results will be better than what the consensus is.