Nilesh Shah believes the RBI’s leadership transition won’t disrupt policy continuity. India’s success in reducing debt-to-GDP ratio is lauded, while concerns about consumption are addressed with optimism for a revival in the coming months due to festive spending and government spending. The RBI’s role in balancing growth and inflation is emphasized.
Market Outlook for 2025: Nifty faces tough resistance at 23,780, says Rohit Srivastava
So, on the downside, then we will again look at retesting 23,200, the lows that we made last month and if that breaks, then possibly