Profit growth outlook to be main driver of market, says HDFC MF’s Gopal Agrawal
How the outlook for corporate India’s profit growth evolves going ahead could be the biggest driver of India’s equity market instead of further price-to-earnings ratio expansion, Gopal Agrawal, senior fund manager at HDFC AMC NSE -0.18 % told ETMarkets.com in an interview. The profit growth outlook looks robust at this point in time and that bodes, Agrawal…