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No green shoot of recovery in FMCG space; valuation a challenge in capital goods and manufacturing space: Rahul Singh
Rahul Singh from Tata Mutual Fund evaluates the impact of US rate cuts, India rate cut consensus, inflation rate matrix, real estate demand, monsoon correlation, rural economy recovery, and valuation challenges in manufacturing sector. Singh says: "You have to be more patient and you have to hunt for those companies or stocks where the valuations are still reasonable."