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September panic selloff: Mutual fund houses give their outlook

Updated : October 26, 2018 12:26 PM IST

A lower rupee impacts sectors such as IT, pharma, metals, oil and gas while banks and utilities are not much impacted. FMCG sector, however is impacted positively, as a lower rupee triggers higher inflation resulting in higher consumer prices.
A depreciating currency will have a positive impact from an earnings perspective as companies which import to international markets are likely to benefit, the fund house said.
The upcoming General Elections in 2019 will create volatility, however, earnings will take over the short-term volatility, the report said.
September panic selloff: Mutual fund houses give their outlook

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