“Even if inflation is at 5.1%, food inflation is at 30%. For someone spending 50% of their income on food, that 30% food inflation is hitting them significantly harder despite government programmes like PM Gareeb Kalyan Yojana providing some relief,” Basu said at a Delhi School of Economics event to mark its 75 years of existence.
NBFCs and OMC stocks offer margin of safety amid sector rotation: Rohit Srivastava
Rohit Srivastava suggests the market is holding gains with sector rotation, eyeing 25,300 on the Nifty. Key levels to watch are 24,494 for Nifty and