Quote by Sarvjeet Singh Virk – Managing Director & Co-Founder at Finvasia:

Quote by Sarvjeet Singh Virk – Managing Director & Co-Founder at Finvasia:

Sarvjeet Singh Virk - Managing Director & Co-Founder at FinvasiaAs industry and government guestimated, RBI has been liberal with 25 bps of rate cut. Keeping in mind that inflation is expected to jump post GST, these liberal policies shall have a medium term positive effect on the economy however in long run it certainly can re-create higher inflation regime. In the very short term we might see some profit booking in the stock market but in the medium term lower FD rates and demonetisation will leave investors with limited avenues of diversification and stock market stands to directly benefit from it. Banks and credit crunch industries can take this as once in a long time opportunity to restructure their debt. As the old saying goes, you got it now, use it wisely.”

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