Recent stock market volatility is impacting consumer goods sales, including two-wheelers, luxury cars, and electronics, as many Indians shift their savings to investments. This decline in sales is attributed to negative sentiment around market fluctuations, affecting discretionary purchases and delaying consumption recovery.
Private sector banks expected to outperform amid easing liquidity conditions: Vinay Paharia
The consumption trend in India has weakened after almost three to four years of fairly strong consumption boost. So, we are positive long term, but