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Economy

Revival in earnings is critical for rich valuations to sustain

Updated : April 09, 2018 02:50 PM IST

FY18 is likely to see seventh straight year of earnings downgrades
Growth in key economies is upping their long-term trend
India’s equity markets participated in the global rally, but the economy hasn’t participated fully in the global growth momentum.
Revival in earnings is critical for rich valuations to sustain

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