Experts say going ahead data price will fall further due to competition
The consolidated entity can target good growth FY18 onwards, analysts say.
In 2015-16, Sikka as CEO took home Rs 48.73 crore as salary (including, bonus and incentives), which is the highest among peers.
'We believe 2017 could see higher flows from foreign institutions as money comes back to growth markets like India.'
Besides Budget, markets will be driven by global events and the outcome of assembly elections.
'Through the course of the year, we expect the economic weakness generated by demonetisation will give way to normalisation of growth conditions.'
Demonetisation impact, earnings growth, central bank policies will get attention.
Among these, Hindalco and Vedanta from the metal pack have become multi-baggers, gaining 100 per cent in 2016
'The challenge in India will be reviving consumption/investment.' 'If the negative surprise in earnings is very sharp or lasts longer than March, it can trigger a sharp sell-off.'
Karvy expects individual wealth in India to grow to Rs 558-lakh crore at a CAGR of 12.9% over the next five years.
'The markets could shrug off demonetisation as a one-off extraordinary period.'
'Markets are likely to remain choppy for the next 6 months.'
Although the markets could see a knee-jerk reaction, they rule out a sharp fall.
'...and defensive until the global macro headwinds turn more benign.'
'Demonetisation will push India onto a higher growth path after a temporary dip.'
'Investors hate uncertainty and the demonetisation move certainly creates that.'
Demonetisation, Donald Trump's surprise victory in the US presidential elections, and the fear that US Fed may hike rates in the upcoming policy review in December have dented market sentiments, report Puneet Wadhwa & Deepak Korgaonkar.
Demonetisation will wipe out the likely benefits of a good monsoon this year, says Christopher Wood of CLSA.
'Going ahead, I think the world trade will slow down or decline, and this will be bad for everybody.'
Tata Steel and Tata Chemicals under investor watch