India’s Domestic Economic Momentum Is On The Mend: CS – ValueWalk Premium
Drop in sales India

India’s Domestic Economic Momentum Is On The Mend: CS

Thanks to a pick up in government spending and receding fiscal headwinds to growth, India's domestic economic momentum is on the mend, notes Credit Suisse.

Neelakanth Mishra and colleagues at Credit Suisse in their August 18, 2015 research report titled "India Market Strategy" point out that 38% of Nifty companies beat CS estimates, the highest percentage in five years.
India's operating margin rose to three-year high
Analyzing the results of 47 companies out of 50 Nifty constituents . . .

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