Holistically the markets move in cycles and it has the tendency to be forward-looking. Therefore, both the good and the bad news gets discounted before it has truly occurred. The news that the West could go into recession is no longer ‘NEWS’. It has been fairly discounted by the market like it had discounted previous major events.
Market in a phase of time correction; recovery to be gradual: Sanjay H Parekh
A little unfortunate is that our growth rate in this quarter will be flattish. We are coming out of low growth and this year, full