Investors turn their attention to export-driven sectors.
'The government is encouraging consumption through fiscal spending in a bid to push up economic growth in the face of a slowdown in corporate investment and exports.'
Many analysts find market expensive, even at current levels.
The Sensex and the Nifty witnessed biggest one day loss in percentage terms since June 24
Stock prices is due to valuation expansion
There, however, has been an improvement in operating margins.
Sales expansion also down 4.4%
Benchmark share indices gained for the fifth straight session on Thursday led by index heavyweight Reliance Industries.
With mutual funds, promoters turning net-buyers, foreign investors may have to bid up prices to raise holdings.
Lower IT exports will raise India's dependence on capital flows to fund imports.
But experts say downside limited, pockets of opportunities for investors
If financials and oil sectors were removed, India Inc has done quite well.
A large number of successful IPOs ensured that the total investor wealth, measured in terms of cumulative valuation of all listed shares, rose by nearly Rs 6 lakh crore during the year to Rs 106.23 lakh crore
Companies from the capital goods space will under-perform.
That resulted in a 50-basis point improvement in operating profit margins on a sequential basis.
Analysts mostly prefer domestic plays beside select films with foreign exposure.
Indian companies typically have higher return on equity.
World trade has been growing slower than world GDP since 2012.
If you are not happy with the price offered at buybacks, you could be in for a long haul.
India Inc did not perform well during December quarter.