In the Indian context, we have had a growth slowdown due to various reasons, tight liquidity followed by various restrictions by the RBI on credit flow which obviously restricts economic growth, then the elections, heatwave, delayed monsoon, so I think there were a lot of factors at play and lower wage growth relative to inflation has also impacted consumer sentiments. Now, some of these things are likely to moderate in 2025.
Banking, IT remain core bets despite near-term market pressure: Christy Mathai
Despite Nifty’s pressure, earnings expectations offer optimism, especially for financials. However, foreign investors have more emerging market options, leading to selling. Fund managers remain constructive
December 17, 2025