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Can the Trump Effect Continue to Lift Markets Citi Wealth Insights
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Europe Politics Present an Opportunity Citi Wealth Insights
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Chinas Growth Surprise This Year Citi Wealth Insights
01 Sep 2022
Corporate earnings for India Inc were in line with estimates for April -June’22 quarter but the momentum waned. On an aggregate, BSE-100 earnings were up 8% YoY however high-cost pressure marred the show. Consensus/Citi EPS estimates for NIFTY have been revised downwards by c3/4% through the earnings season. FY23E NIFTY EPS growth is now projected ~10% YoY. Citi analysts have revised their target PE multiple for NIFTY up to 18x (16.5x earlier) accounting for expectation of earnings revisions and a more supportive inflation and rates outlook.
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For more updates please visit Citi Wealth Insights
Can the Trump Effect Continue to Lift Markets Citi Wealth Insights
Europe Politics Present an Opportunity Citi Wealth Insights
Chinas Growth Surprise This Year Citi Wealth Insights