Global Markets
Home›Global Markets›Trade & Tariffs›Motilal Oswal expects near 15% earnings growth through…
Motilal Oswal expects near 15% earnings growth through FY28
The view cites temporary Q1FY27 pressure amid geopolitical uncertainty, higher crude oil prices, and sharp foreign outflows.
Motilal Oswal Financial Services’ Nandish Shah said he is overweight on diversified financials, automobiles, and new-age tech platforms, as well as manufacturing, industrials, and consumer discretionary sectors, in an interview with LiveMint Markets.
Shah pointed to geopolitical uncertainty keeping the Indian stock market in a consolidation phase marked by higher volatility, while elevated crude oil prices and sharp foreign outflows are weighing on sentiment.
He also highlighted energy security and defence as major investment themes, including Defence Acquisition Council approvals for Acceptance of Necessity worth ₹52,000 crore across the army, navy, and air force to modernise capabilities against modern drone and anti-tank threats and improve high-altitude intelligence gathering.
The expert view ties long term returns to corporate earnings growth, saying corporate earnings are expected to grow at nearly a 15% CAGR over FY28, despite temporary pressure in Q1FY27.
Latest closeWTI crude $79.00 ▼0.8%