Helios Mutual Fund’s CEO, Dinshaw Irani, notes current market challenges due to poor quarterly results. A September rebound is expected. Trade deal progress with the US is anticipated. The market is pricing in a deal around 15-20%. Urban recovery is showing positive signs. Sideways market movement is likely before earnings dictate direction. Despite this, stock-specific opportunities exist for diligent investors.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets