Many Indian consumer companies have delivered middling sales growth over the past decade, similar to their global peers, said Kotak Institutional Equities.
India’s rural consumption is improving, thanks to good monsoons in 2024 and decent crop output in the last two crop seasons (2024 kharif and 2025 rabi)
The analyst believes, right now, the Indian stock market is in the bear, bull and bubble phase – all at the same time. Several largecaps are in bear market, a section of mid and smallcap in bull market while another section is full of froth.