Mihir Vora Details Domestic & Int'l Factors Investors Should Note Before Investing In Current Market

Mihir Vora, CIO of Trust Mutual Fund, delves into key domestic and global factors that investors must closely monitor before making decisions in the current market environment, which he believes pose significant concerns. Mihir Vora highlights the downturn in the U.S. economy, pointing to declining job numbers and other troubling indicators. He further emphasizes that India’s first-quarter earnings were underwhelming, with the top 1,500 companies showing low single-digit growth for the first time in a long period. This underperformance undermines the advantage of margin expansion, making top-line growth crucial moving forward. Mihir Vora also underscores the importance of India's consumption story, which he sees as pivotal for future market performance. He advises keeping a close watch on private capex and the real estate sector as well. Additionally, he expresses concern about state governments diverting funds towards freebies while cutting back on infrastructure spending. For a deeper dive into his expert insights, watch the full discussion in this excerpt.