Moody’s Ratings has stated that despite India’s efforts to maintain fiscal discipline and reduce the fiscal deficit, these measures are not sufficient for an immediate sovereign rating upgrade. The debt burden and high interest payments remain substantial challenges.
Short-term dips seen as healthy realignments, not trend reversals: Deven Choksey
Deven Choksey of DRChoksey FinServ Pvt. Ltd. suggests the market is experiencing sector and stock rotations, with investors shifting from significantly appreciated stocks like Reliance