The broader economy and the stock market are sending out conflicting signals. For instance, economists are downgrading their growth estimates for 2021-22. “The second covid wave and slow pace of vaccination will shave off 30 bps from 2021-22 GDP growth and therefore, we have revised our GDP growth forecast to 10.1% from 10.4% earlier,” says Sunil Kumar Sinha, Principal Economist and Director Public Finance, India Ratings and Research.


Read more: EconomicTimes


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