What to expect from the Indian stock market next week? Ashi Anand answers

economictimes.indiatimes.com:

«IT is weak. Banking, you are seeing a bit muted, not so much because of growth or asset quality, but because margins are under some level of pressure,» says Ashi Anand, Founder & CEO, IME Capital.

The kind of earnings that we have seen here, globally also there is so much of focus on earnings right now, but then what should one expect? There was one view, one part of the argument was that a heavy earnings or the earnings which could put up a decimal picture like Reliance or maybe IT, those earnings have already gone by now. Look what it looks like now. Can we say the numbers which are yet to report now, the companies which are yet to report numbers now, the growth could moderate here, understanding that the major benefit of the commodity prices environment is largely captured?

Unlock Leadership Excellence with a Range of CXO Courses

I think we are probably a little early in the earnings season to really judge too much in terms of how the earnings season is going. But broadly, if you just look at it, I do not think you can look at it as an overall broad brush. There are very clear divergent trends across sectors. So, if you are looking at sectors such as real estate, capital goods, these are very-very buoyant and they are likely to continue to do very well.
IT is weak. Banking, you are seeing a bit muted, not so much because