Kotak AMC’s Shibani Sircar Kurian notes that Q4 FY25 earnings surpassed expectations, particularly for largecaps, setting a positive outlook for FY26. Double-digit earnings growth is expected, contingent on a stable domestic macro environment. While valuations are elevated, largecaps offer a better risk-reward profile, and consumption is expected to rise due to tax benefits, rate cuts and normal monsoons.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets