This Diwali, the festive mood is returning to the markets, and with it comes hope for wealth creation. In a special conversation with Zee Business Managing Editor and veteran market expert Anil Singhvi, Nilesh Shah, MD and CEO of Kotak Mahindra AMC, shared his thoughts on market trends, investments, and what investors can expect over the next year.
Shah started by noting that the Indian economy is showing strong performance, and government measures have put money directly into the hands of taxpayers and consumers.
“The government has put Rs 1 lakh crore per year back into taxpayers’ pockets, and through GST rebates, bottom-of-the-pyramid consumers will see nearly Rs 2 lakh crore over the next year,” he said. Lower interest rates will also put approximately Rs 90,000–Rs 1 lakh crore into