Economy In Clear Slowdown: Jagannadham Thunuguntla, Centrum Broking
  • WebDesk BTVI
  • May 31 2019

Jagannadham Thunuguntla, HoR-Wealth, Centrum Broking, says the Indian economy is in a slowdown and Q4 earnings season has been muted, further suggesting the economy needs a pick up in corporate earnings to sustain current high valuations. FMCG & auto consumption have been affected due to the elections and that there is also tremendous pressure on job security in many sectors of the economy.