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2024-09-02 14:42:36
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Business Today on Nostr: nostr:note17r7z62tcsmckv45y27443hj34l30arrshe0avkh40gl5s4qmjmgsznevxp

Experts Analyze Indian IT and Auto Sectors Amidst Global Economic Recovery and EV Transition
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#ab5137f6 ver:0.22

Experts remain positive about India's economic prospects, highlighting domestic demand, urbanization, and home-building activities. They advise caution in smallcap and midcap segments, but see reasonable returns driven by earnings growth. ICICI Prudential Mutual Fund is bullish on the automotive sector and recommends largecap and flexicap funds. IT sector struggles, but recovery expected with signs of global economic recovery. Auto sector recovery driven by short-term demand, but long-term concerns due to EV transition. Cautious and nuanced approach advised. #IndianEconomy #AutoSector #ITSector #InvestmentAdvice...

#newstr #IndianItSector #IndianAutoSector #DiscretionarySpending #RevenueGrowth #GlobalEconomicRecovery #EvTransition #BudgetImpact

https://here.news/story/ab5137f6?ver=0.22
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