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Preview
After a very volatile last month and a lot of uncertainty ruling on global grounds we are back into the resumed bull market in the Indian economy. To put things into perspective, as the RBI has maintained a status quo and so was the stance of the FOMC, which was very much on the expected lines at Dalal Times. As we have been thrashing all hurdles bringing the domestic indices to an 8-month high, climbing the wall of fear and Brexit panic within a week of the set back from EU. Another factor going ahead is a higher possibility of rate cuts as the new RBI governor along with the government is likely to focus on growth, though inflation may remain a worry.
The cover story this time analyses Manappuram Finance which is India’s first listed and highest credit gold loan company. While in our regular sections we have Gems in the Offing and Promising India sections. Also do not miss out to read our regular columns like the Big Bull, How Good a Bet and Pink Stock which covers Nestle, HDIL and Usher Agro. Our research team also dwells into the growth drivers and challenges for these companies going ahead.”