Indian economic cycle entering strongest phase: Report
he Indian economy is at the cusp of entering its strongest growth phase and a full blown bull market is yet to play out with the wide-based Nifty expected to touch 11,500 in 2018, says a report. An economy enters the strongest phase of growth when stocks, bonds and commodities all rally together. ”We believe that India is at the cusp of entering this phase and full blown bull market is yet to play out,” Edelweiss Investment Research said in a note.
According to Edelweiss Investment Research, consumption and exports are boosting economic growth in the country. While consumption has displayed sharp recovery after the cash crunch in early 2017, investments are witnessing only a government supported recovery which is inadequate but effective for a few sectors like railways, roads and power transmission and distribution (T&D), it said. Regarding the uptick in equities, the report said, stock markets are driven by low inflation, profitability and increase in financial savings. Though Nifty valuations are “rich”, a continued shift in allocation of funds from debt to equity are likely to continue.
Sujit Shetty-1 day ago
Whatever good comes some people will never acknowledge. Sad to see biased readings. Let us appreciate and salute.
Fekuji-.-1 day ago
Huh.. it means Jhuutly has tweaked the formulas once again.!!! Next time he is going to declare Inflation (CPI) less than 1% and growth (GDP) more than 10% while the common man is struggling to live..!!! Everyone get ready to chant Modi.
嗯. .这意味着Jhuutly再次调整了公式。下次他要宣布通货膨胀(CPI)不到1%，增长(GDP)超过10%，而普通人却挣扎着要活下去…! ! !每个人都准备好了。
Patriotic Bharatiya-bengaluru-1 day ago
India is 200 years behind western countries in socio economic development
Pk Chaithanya-1 day ago
The entire world acknowledging India''s economy is in healthy status, but the anti nationals and anti Modi goons hate such news. Even pakistani media and intellectuals praises Modi''s calibre and how India''s economy is growing under his leadership.
Faisal khan -1 day ago
Spineless times of India. Please have a spine atleast. Post articles which have truth. Your modis number one media channel. The common man is distressed. Have some shame atleast. BJPQUITINDIA
Anisur-1 day ago
But where are the jobs. Where is the growth on ground.
Tomato: 100 rs per kilo
Onion: 40-50 rs per kilo
What is the nexus between hoarders and the ruling govt
洋葱:每公斤40 - 50卢比
Vikram Bhutani-Portland, Oregon-1 day ago
Reality is quite different ... no need to trust these projections from non-indian firms who have no idea about whats happenning on the ground.