Consumption sectors (autos, electronics, travel, durables) to lead market upswing, supported by GST cuts and policy.
Summary
According to ASK Hedge Solutions CEO Vaibhav Sanghavi, the Indian market is expected to experience a positive upswing driven by improving consumption trends. Discretionary consumption sectors such as autos, electronics, travel, and durables are anticipated to lead the revival due to GST cuts and policy support.
Key Points
- Vaibhav Sanghavi, CEO of ASK Hedge Solutions, forecasts a positive outlook for Indian markets.
- Discretionary consumption sectors (autos, electronics, travel, and durables) are expected to drive the revival.
- GST cuts and policy support are key factors behind the anticipated growth in consumption.
- Rupee stability and renewed FPI flows are expected to boost market sentiment.
Full Article
ASK Hedge Solutions CEO Vaibhav Sanghavi says India’s markets remain strong despite short-term volatility, with fresh earnings upgrades, stable macros and improving consumption trends supporting a positive outlook. He expects rupee stability and renewed FPI flows to lift sentiment, while discretionary consumption sectors—autos, electronics, travel and durables—lead a multi-year revival driven by GST cuts and policy support.