Earnings may remain flat in FY12: IndiaNivesh
Daljeet Kohli, Head - Research at IndiaNivesh Securities says that newsflow from western world will impact markets as the disruptive disintegration of EU may result in a sharp selloff in the Indian markets. He also said that earnings may remain flat in FY12 as marginal growth in FY13 might be marred by increased Cost of goods sold (COGS).
