India's Q2 GDP performance stole the show, clocking in at an impressive 7.6%, a pleasant surprise that outpaced the general consensus. Notably, India maintained its lead over China, which posted a GDP growth of 4.9% in the July-September quarter.
Last week on the D-street was like an IPO carnival! The initial public offering (IPO) market seems to be in an unprecedented bull wave, with the debut of five IPOs aiming to raise ₹7,400 crore from investors. This is no small feat — five IPOs in a week is a rare sight.
So, diving into this week, let's explore India's consumption story. Amidst all the talk about India becoming a major economy, increased consumption stands out as a crucial pillar for this growth.
Even in the tough times of 2020, the festive season was a saving grace, injecting a much-needed boost into the economy. It's incredible how the Indian consumer wields such influence.
So, diving into this week, let's explore India's consumption story. Amidst all the talk about India becoming a major economy, increased consumption stands out as a crucial pillar for this growth.
Beyond the usual Diwali excitement, there's a whole other level of buzz for a tradition all investors share – the Muhurat. Now, if you're thinking, 'What on earth is Muhurat?' – fear not, we've got the lowdown for you.
But why are we connecting gold and iPhones in the same breath? Well, for one, both have tremendous demand during the festive season, and they share a fascinating link that we'll explore today. Let's dive right in!
Indian Markets Celebrate New Milestones
Beyond the Hype: Are IPOs a Hit or Miss?
The Power of The Great Indian Consumer
The Most Awaited Muhurat for Investing
A Tale of Two Festive Favourites
Expert Analysis of the Global Macro Events & News affecting the Indian Markets – 1st Nov 2023
