RBI's policy will create stability in financial market and growth for Indian economy: Nilesh Shah
Nilesh Shah from Kotak AMC discusses how RBI's policy aims for stability, trust, and growth in the financial market. The equity market may not be concerned about food inflation, but the focus is on the monsoon. Shah says: For the equity market, the biggest worry will be complacency. We are trading at a valuation which optimistically discounts many events -- election, Fed pivot, earnings growth – in a very positive manner.
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