Bankex is down over 1 percent dragged by Axis Bank (down 8 percent) and ICICI Bank (down 3 percent). Other losers in the Sensex include are Tata Motors, Asian Paints and Adani Ports. Bharti, Hero, Bajaj Auto, Maruti and M&M are gainers in the Sensex.
The Indian economy may have improved considerably owing to a good monsoon, but Karwa says the earnings may only improve in the second half of current fiscal and will hold strong till the end of FY18.
Note: Any changes made to your Portfolio today will be effective only in the next day's Networth mailer.
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