Fears of slowdown in economic and corporate growth due to rising interest rates and two consecutive years of bad agriculture production are making investors jittery at these levels. Questions are being raised on the sustainability of India’s growth momentum in the near future. At the same time lot of investible funds, in particular of domestic investors is lying on the side lines waiting for an opportunity to enter. So we can expect choppiness and perhaps more downside in the near future but, a very high probability is that these corrections will not last very long and will be bought into.
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