I think there was a lot of disruption in the rural disposable income on account of the disruption in jobs in the urban area on a post COVID basis. But I think with manufacturing picking up several of those jobs are coming back and those transfers from urban to rural India might be getting back.
Sandip Sabharwal advises caution in the market due to uncertain valuations and growth trajectory. He highlights investment opportunities in auto companies, consumer goods, and infra firms amidst global economic shifts and upcoming elections. Sabharwal says: "Post results, Dabur looked like a decent proposition because it has underperformed for so many years and that is one consumer company which is saying that they are releasing growth uptake."
Chadha notes caution pre-election due to US yields, advises good earnings as hedge. Impressed by Britannia, Tata Consumer, Axis, ICICI banks. Favors ICICI, Axis, HDFC, Kotak for growth potential and asset quality in banking sector.
Kotak Mahindra Bank s CEO discusses potential impact of RBI restrictions on profitability. The bank prioritizes prudence in credit growth and aims to mitigate the impact while focusing on smart business growth strategies.