Notes on Indian equities, sectors and economy

Sensex Earnings – Bleak Estimates

Posted by fairval on February 27, 2009

Havent seen Sensex earnings estimate from broking firms for a while, so found this report from Ambit interesting. Didnt realise that estimates for Sensex earnings were pointing downwards 2 years in a row. Ambit thinks in both FY09 and FY10 earnings will fall.
That is a bold prediction. Most broking firms dont like to show fall in earnings for Sensex.


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