We’ve inflation at 3.6% now. Lowest in many years.
The interest rates are going to be cut by at least 50-100bps in next 1 year making low interest rates.
The personal income tax slabs are widened thereby lowering income tax.
When you combine all 3: Low inflation, Low interest rate, Low tax rates, you get bumper consumption boom.
And remember, India is a consumption economy with nearly 1.5 billion people.
Next financial year is going to be a bumper one for our economy!
Stay invested, in fact buy even more at these cheap valuations if you can and thank me later as you always do!