Monsoon Magic: Stocks to ride the Indian summer - Good monsoon, a boost to rural demand
Is there a merit in betting big on stocks that have a strong rural exposure? While good monsoon predictions have added buoyancy to stocks linked to Bharat, Covid 2.0 is playing spoilsport. On one hand, while farm income is at a record level and agri commodity prices are at a 10-year high, rural India is affected badly by the second wave of Covid infections. However, a drop in the pace of infections along with a good monsoon season may revive rural consumption. Good monsoon, a boost to rural demand
via Economictimes
Post a Comment