1 day Ago
As the Indian markets witness heightened volatility amid global uncertainty and tariff-related concerns, upcoming corporate earnings are expected to play a decisive role in charting the next course of direction, according to market expert Neeraj Dewan.In a conversation with ETNow, Dewan emphasized that after the recent rally—where the market surged nearly 1,500 points from mid-February lows—investors should now turn their focus toward earnings and sector-specific developments. “So, this is what will be most important for us to watch, that is, what happens to the numbers,” he said, referring to the upcoming corporate results.
He noted that while recent gains were triggered by technical support and a partial return of positive sentiment, “this week was expected to be volatile and it is looking like to be volatile also,” highlighting the influence of both global and domestic triggers.Dewan pointed out that global developments, especially those concerning tariffs, continue to create uncertainty. “Our markets will depend on sector to sector, whatever happens on the tariff front,” he said, adding that corporate earnings, especially for the full financial year, will offer key insights into the health of businesses.
Also read: Nifty rally likely to gain steam: Technical AnalystsHe also drew attention to early signs of a pickup in order flows in certain sectors. “Defence has already contributed. Railways, not so far, but order flow has started for them,” he stated, indicating potential opportunities in the capital goods and infrastructure space.
Summing up the near-term outlook, Dewan cautioned that “the next couple of weeks is going to be very important to watch, what happens on tariff and plus our domestic news flow,” reinforcing the need for investors to stay tuned to earnings announcements and policy signals.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times).
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