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Large-cap stocks will gain if the economy does well: Rajat Jain, Principal Asset Management

Large-cap stocks will gain if the economy does well: Rajat Jain, Principal Asset Management
Large-cap stocks will gain if the economy does well: Rajat Jain, Principal Asset Management

Synopsis

Large companies dominate the economy and it is not possible for the broader markets to move unless the large-cap stocks participate, Rajat Jain, CIO, Principal Asset Management, tells ET Wealth. Read the expert's take on the current situation of the market and more.

Markets will watch for the second quarter results and how the consumer demand holds up during the festive season, says Rajat Jain of Principal Asset Management. The wealth manager expects earnings for the financial years 2021-22 and 2022-23 to recover well.How do you perceive the current market situation after the sharp run-up?There has been a sharp run up in the equity market since March, not only in India but globally. After the run up, it
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