ETMarkets Smart Talk: Infrastructure, agriculture, and capital goods could see positive momentum ahead of Budget
“India’s industrial production contracted by 4% in October, and IMF had projected a GDP growth of 6.8% for India. In the next 12-15 months Indian corporate earnings could see a growth of 12-15% and Nifty’s performance can be expected to mirror these growth estimates. The overall trend toward financialization of the Indian economy has been gradual but constant. The exponential growth in SIPs should continue through 2023.”
