Can the June 2024 quarter corporate earnings disappoint markets?
Disconnect between earnings growth and stock prices, Bernstein said, is even more visible in the small-and mid-cap (SMID) universe.
The overall market outlook, said Milind Muchhala, Executive Director, Julius Baer India, continues to be constructive, although there could be some phases of consolidation as the earnings catch up with the valuations, which are at slight premium to the historical averages.
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