India’s GDP growth has been way stronger than expected in Q2 while India continues to be the fastest growing large economy in the world. Can the growth momentum continue? The domestic and global factors that will determine India’s growth in FY25, and what to expect in the upcoming budget from the Finance Minster to ensure the economy remains firmly on the growth path? Sonal Varma, chief economist and managing director, India and Asia (Ex-Japan), Nomura shares her take.
Raamdeo Agrawal, director & company founder, Motilal Oswal Financial Services says that the market is steady and holding out well at 17,000-17,500 level. Automotive and FMCG stocks are faring well. Agrawal says if rupee touches 55, diesel deregulation will happen much faster.