The very cream of market veterans with decades of street cred share their invaluable perspective and analysis.
Positive for consumer goods sector since farmers would benefit from increase in MSP says market expert Kaustabh Pawaskar, Sharekhan.
Solution for farmers is not high MSP but significant changes in productivity and if market prices rise to MSP prices, it could lead to inflationary impact, says Nadir Godrej, Chairman, Godrej Agrovet.
Pashupati Advani, Chairman, Global Foray says we need to know if the farmers are debt-ridden and if they are going to repay their debts. There will be some customer spending.
Quantam increase percentage is not the right indicator everytime, if the base is low then certainly there has to be a significant increase when we are talking about doubling the income of farmers, says Arvind Gupta of APEC.
Agricultural Economist Alagh talks about how markets need to be made effective for ensuring that the farmers really benefit from the MSP relief.
Aditi Nayar, NCRA says we need to see what the actual increase will be and what the inflation impact will be. It does not necessarily ensure that farmers will get higher prices for their produce.
Hikes in cotton,groundnuts and other items and the government seems to be making sure that farmers get their dues a year before the election.
Pashupathi Advani from Global Foray speaks on the state of markets and his opinions on the future. He says the trade war is also a very big concern which could pull markets down.
In the next one week or so, we can expect one or two days of more than 100 mms of rain and along with it Mumbai may face problems like landslide and waterlogging, says JATIN SINGH, CEO, Skymet.