
Market expert Ajay Bagga anticipates a strong year for Indian markets, driven by "triple boosters" from the government: income tax cuts, GST cuts, and potential RBI rate cuts. He forecasts double-digit nominal GDP growth, with financials, autos, and technology sectors expected to lead. Government spending on infrastructure, railways, and defense are identified as key economic drivers. Bagga suggests the RBI has room for further rate cuts due to moderated external pressures on the currency.
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