India CPI inflation numbers are out for March & they are at 3.34% VS 3.61% previous, EST 3.5%.
That’s a 6 years low. In inflation.
Last time we saw inflation below 3.5% was in August 2019.
This ensures we’ll have continuous rate cuts from RBI going forward this year.
Leading to huge liquidity flows into stock market.
This on top of mass tax saving money amongst Middle Class thanks to no income tax upto ₹12 lakhs.
Every ingredient one needs for a bumper bull run is available from Indian context.
And we are doing exceptionally well.
We’re already the 1st Asian market to recover & close above the mark where it was when Trump’s tarrifs were announced.
Super bullish on India.
