Indian economic cycle entering strongest phase: report - News Summed Up

Indian economic cycle entering strongest phase: report


Report says the consumption and exports are boosting economic growth in the country. Photo: Hemant Mishra/MintNew Delhi: The Indian economy is at the cusp of entering its strongest growth phase and a full blown bull market is yet to play out with the wide-based Nifty expected to touch 11,500 in 2018, says a report. An economy enters the strongest phase of growth when stocks, bonds and commodities all rally together. “We believe that India is at the cusp of entering this phase and full blown bull market is yet to play out,” Edelweiss Investment Research said in a note. According to Edelweiss Investment Research, consumption and exports are boosting economic growth in the country.


Source: Mint August 13, 2017 05:26 UTC



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