I believe the focus on policy continuity has been the key driver of gains. Likewise, for the capital gains, I do believe that markets were surprised but have taken these in their stead.
Manish Sonthalia of Emkay Investment Managers highlights the impact of macroeconomic changes on India’s market, particularly regarding de-dollarisation and fiscal policies. He notes the benefits
Social media analysis reveals bleak market sentiments among investors and experts. Market veteran Shankar Sharma highlights that the downturn is local and needs local solutions.
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