Share tips for today : With a down turn in global commodities aiding government's fiscal position & corporate earnings on a frontloaded basis, it would lead to a pickup in consumer demand and kick in the investment cycle in the latter half of this financial year. This will help both operating as well as financial leverage of companies & help them in reaping positive gains. Though volatility is estimated to prevail on the global front as central banks across the globe recalibrate liquidity levels, India, with its high growth rate & least political instability, will continue to remain a sweet spot among the emerging markets & continue to attract global investors.We expect Sensex earnings to increase 13.2 per-cent & 18.5 per-cent in FY16E & FY17E to Rs 1,539 & Rs 1,838, respectively. The economy of India is in a sweet spot with consumer requirement picking up gradually and the investment cycle likely to take off in the latter half of current financial year, said by Pankaj Pandey, ICICIDirect research head.
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