But there are several other data points that would confirm the strength of the economy. On the other hand, inflation is tame, as we saw in the most recent Consumer Price Index readings. And then the third quarter results, the banks are the first major sector to report and they did well.
SEBI’s revised TER framework a net positive for listed AMCs: Sunil Subramaniam
Asset management company stocks are seeing a sharp rise. Regulators have eased proposals on expense ratios. This has led to a positive outlook for listed