Indian equity markets are not vulnerable to earnings cuts: JP Morgan

By: | Updated: February 24, 2015 9:21 AM

JP Morgan says divergence between market performance and corporate earnings could continue in the near term...

jp morgan, jp morgan india, jp morgan, equity markets, gdp growth, gdp growth in indiaIndian equity markets are not vulnerable to earnings cuts: JP Morgan (AP)

JP Morgan says divergence between market performance and corporate earnings could continue in the near term.

India’s Q3 earnings disappointment belies market rally, GDP growth.

India, Thailand suffering the worst EPS cuts in EM Asia.

Adds such divergence continued for four quarters each over 2007-08 and over 2012-13.

Says key vulnerability to Indian equities remains any potential dislocation in global financial markets.

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