Expert view: Expect mid-teens earnings growth for Nifty companies in FY27 and FY28, says Bajaj Life CIO

What happened: Srinivas Rao Ravuri, CIO of Bajaj Life Insurance, told Mint he expects mid-teens earnings growth for Nifty 50 companies in FY27 and FY28, after weak growth in FY25 and FY26. Key numbers: Nifty 50 companies delivered mid-single-digit earnings growth in FY25 and FY26. Why it matters: Ravuri said valuations have become more reasonable after two years of time correction, and he sees the best value in large caps, which trade below historical average valuations. He said small and midcaps trade above historical averages with premiums near multi-year highs.

Srinivas Rao Ravuri, CIO of Bajaj Life Insurance, told Mint he expects mid-teens earnings growth for Nifty 50 companies in FY27 and FY28, after weak growth in FY25 and FY26.

Ravuri said valuations have become more reasonable after two years of time correction, and he sees the best value in large caps, which trade below historical average valuations. He said small and midcaps trade above historical averages with premiums near multi-year highs.