Gautam Duggad of Motilal Oswal bets on discretionary, midcaps & defence in FY26 playbook

Gautam Duggad, Head of Research, Institutional Equities at Motilal Oswal Financial Services, expects 10% earnings growth in their coverage universe and 5% for the Nifty in April–June quarter of 2025(Q1FY26). He believes these numbers will improve in the coming quarters.

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