The Sensex is down 3.98 per cent over the past one month. Besides the election-related uncertainty, what is weighing heavily on market sentiment is the perceptible slowdown in key segments of the economy. Private investment has been slow for a considerable period of time now.
What has added to the economy’s woes is the slowdown in consumption, especially with demand from rural areas slowing down. Slowdown in consumption: Consumption has been slowing down for the past nine months, since the onset of the IL&FS crisis. Rural consumption has slowed down markedly, with several ...
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