Likely corporate earnings disappointment: ICICI Pru AMC’s Anand Shah

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As markets grapple with domestic and global headwinds, ANAND SHAH, Head of PMS and AIF Investments at ICICI Prudential AMC, told Puneet Wadhwa in an interview that the market is anticipating a rate hike not only in June, but until December. Edited excerpts: Do you think the markets can now see a time correction, after the sharp price correction? Sectors strongly linked to the global scale, such as information technology (IT), have already seen some corrections.

To some extent, metals also corrected after the recent decision to reduce export duties. Likewise, several foreigners …




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First published: Tuesday, May 31, 2022. 00:49 IST

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