“When government spending on capex was raised from 1.5% of GDP to over 3% of GDP, that provided a positive impulse to growth. It cannot continue with that kind of growth rate anymore and will flatten out. So, it will be around 15% for capex growth against the budgeted number of 17% YOY.”
2 top stock recommendations from Aditya Arora
I keep neutral to positive bias on the market and a lot of sectors are doing well. So, although index may be illusionary or it