India marching to 5 Trillion Economy... Nifty at all time High
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IF you look at above comparison from covid 1 to covid 2 to till now . Indian stock market has stood tall which speaks volume of Indian government work on managing the Indian economy as we all know stock market is barometer of economy. After covid 1 all markets were down and then there was V shaped recovery but it could not be sustained after covid 2 by many markets. China failed miserable { it was always failing even before COVID ) which open the way for India economy and PM was right at the right time to introduce Aatm Nirbhar Bharat and PLI SCHEME along with infrastructure boost . Tax collected at GST increased and keeping the petrol diesel High inspite of low international rate, they gathered the huge money with swelling doller reserve . While most of the market went downways or side ways , Indian market kept on rising and at present it is at life time high. Nasdaq has gone up only in last few month due to select stock moves like … NVIDIA. While US and other countries are crying about high unemployment rate , India startup and unicorns have provided Milians of gig worker which are not counted for , India is world leader in Upi and digital payment. People no longer carry cash. RBI has done keep every thing to help doller in control , lower crude price has been on our side to help tide over the devalued rupees. CORPARATE INCOME has been phenomenal in last few quarter . Mid cap and small cap index has performed well . We should Conmend that the government have steered us well in these difficult time , when neighbouring countries are becoming bankrupt and going in loan trap by China and USA , India stand tall and show the world how to run the economy spite of so much diversity. So Enjoy friend , we will be living our best time of life in next few decades as we see India beconing stronger unless some black swan event spoil the journey. Covid was I a way Black Swan even which coulnt break us. PREDICTING ECONOMY IS COMPLEX AND ITS ALWAYS DIFFICULT TO PREDICTS .. WHEN IT IS ABOUT FUTURE . LOOKS LIKE THIS TIME ITS WILL PAY US TO BE OPTIMISTIC ... every thing seems to be falling in place ... lets see what happen tomorrow whin Markey open at NIFTY at ALL TIME HIGH HAPPY TRADING ... HAPPY INVESTING
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.