Market rerating needs earnings upgrades; buy in phases: Axis Direct CEO
Axis Direct rate stocks including a list of stocks.
· Business Standard Mkts
He expects markets to go through a consolidation phase before a sustained recovery, advising investors to deploy money gradually over the next two to three quarters.
The analysis
Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- Brokerage calls from Axis Direct, with ratings on the stocks named.
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