India is going to be doomed
Modi Govt is already admitting the crisis
watch what Nirmala and Modi ji have been saying since last week
sometimes even Govt can do nothing against Market forces
simply put India has no jobs, IT sector is fucked
as India missed out on AI and also manufacturing
savings of Indians are drying up
the Indians who are earning well are getting squeezed by high taxes, any high income tax bracket knows this
everyone is doing SIPs in Index as if they are safe when they aren't
Rupee is slowly slowly eroding global purchasing power of Indians
so many middle class Indians are hooked on foreign vacations and sending their kids abroad, they get fucked by Rupee depreciation
and the Govt as usual only acts late if they act
Bond yields in India are staying elevated so all the EMI and financing costs are not going to be coming down
then you have the West Asia conflict and Strait of Homurz issue and India is the most exposed country
the Consumer is already screwed in India
and the effects are showing up with a lag because fundamentals are lagging in nature
the Modi Govt keeps choking the consumer
and so many Indians who would rely on US for job opportunities and study abroad are also getting squeezed by Trump's immigration crackdown
there are several headwinds for the Indian consumer
and these are all obvious to any consumer
when you pay taxes or have to travel abroad or send your kid for studying abroad, you automatically feel the pain which is real
will there be stocks making money in India still?
yes there are, just look at #BSE capital market stock, it is unaffected by what happens to the Indian consumer
but does everyone own BSE stock in their portfolio ?
No they don't
what most people own in their portfolio are stocks dependent on the consumer of India and Nifty itself reflects it