Vikas Gupta Predicts Stronger Earnings Recovery, Banking & Finance to Surprise

• OmniScience Capital's Vikas Gupta expects earnings recovery to strengthen quarterly, with banking and finance sectors potentially surprising.
• Industrials, particularly defence and railways, are projected for significant growth, supported by government's large capex plans.
• Earnings growth is anticipated to become more broad-based in coming quarters, moving beyond current concentration.
• Monetary and fiscal stimulus is likely to increase, with RBI potentially cutting rates and government boosting capex.
• US-Venezuela situation could cool crude oil prices, benefiting India and creating opportunities for Indian Defence exports.

Why It Matters: Vikas Gupta forecasts robust earnings recovery, highlighting banking, finance, and industrials, alongside increased government stimulus.