'High interest rates to hit India Inc's Oct earnings'

Vishal Kshatriya, senior derivative and technical analsyt at Edelweiss Advisors says that Hindalco and IT counter stocks, which have been beaten down in the expiry series have seen a good amount of rollover. Radhika Gupta, co founder and director at Forefront Capital Management says that volatility in the market is likely to continue in the medium term. Higher interest rates are likely to affect India Inc's earnings in October.