GST Meet starts in the midst of the market; Investors Eye Consumption push

The long-awaited two-day goods and service tax (GST) Meet starts today, but market participants seem surprisingly modest despite the potential for important policy announcements. Speaking with Et Now, Vikash Kumar Jain emphasized that investor sentiment has cooled considerably in the past year. “It was hard to find foreign investors who are bullish about India,” he […]

Take it one day for one; Not very bullish or very bearish at the moment in time: Mihir Vora

Mihir VoraCIO, Trust MFsuggests that the market sentiment is careful optimistic and a recent recovery of the dollar as a technical leap notice, not a structural shift. Although the FII inflow in India is expected to continue to exist on uncertainties, domestic growth indicators, in particular bank credit, must improve to support a GDP growth […]