Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

What is holding back the Indian economy?
Wed, 31 Oct Pre-Open

What is the most productive asset that India has? Being one of the fastest growing developing economies, the Indian economy holds a huge promise because of its favorable demographics. It is one among the countries with the largest young population in the world. And as these better educated and skilled youngsters enter the job market, the factors like productivity, innovations, efficiencies and in turn per capita metrics are bound to grow as well.

However, a young population by itself will not be enough to accelerate the domestic economy that has currently struck a slow phase. What it needs to unleash its potential is a robust infrastructure and job opportunities. And we need a higher involvement of private sector to accomplish the same.

Unfortunately, the climate in India has not been very congenial for private investment. When it comes to fair job and livelihood opportunities for the youth entering the job market, we are worse than what we were five years ago. And the slowdown has pushed us into a vicious cycle. This is how it works. The slowdown in demand leads to contracted sales growth. On the other hand, expenditure is difficult to manage accordingly. This in turn leads to weaker margins. The expectation of weaker margins discourages and defers investment plans and the cycle goes on.

So is there a way out of this cycle? Certainly, there is. The challenge can be overcome through a combined involvement of favourable regulatory scenario, access to finances to raise capital for investments in infrastructure and ensuring better credit quality and lowering credit risks for the financial institutions that will fund these expansions. With more investment in capacities and better access to resources through higher technology, more jobs will be created .This hopefully will revive the demand and bring the much needed turnaround.

With recent announcements to hike power tariffs, debt restructuring plan for state electricity boards, allowing foreign direct investment (FDI) in multibrand retail and increase in diesel prices, we have hit the right note. But these reforms are just the baby steps. We need to go a long way before we can expect to witness the tangible impact such as doubling of per capital income - a milestone that the other Asian peers have already achieved. To conclude, boosting infrastructure is critical to the growth in the economy and though it may seem a difficult task, is not impossible to achieve if the Government shows the grit to undertake and execute reforms well in time.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary


What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "What is holding back the Indian economy?". Click here!

  

Stock Market Updates

Indian Indices End Flat, GAIL and UPL Among Top Nifty Gainers (Today's Market)

Mar 8, 2021 Closing

Indian share markets end on a flat note with the Sensex ending up by 35 points and the Nifty ending up by 18 points.

Sensex Trades Over 200 Points Higher; Dow Futures Up by 37 Points (Today's Market)

Mar 8, 2021 12:30 pm

BSE Sensex is trading up by 214 points, while the NSE Nifty is trading up by 76 points.

Indian Share Markets Open Higher; GAIL & ONGC Surge 5% (Today's Market)

Mar 8, 2021 09:30 am

Indian share markets open higher. The BSE Sensex opened up by 363 points, while the Nifty is trading higher by 112 points.

ONGC at 52 Week High; BSE 500 Index Up 1.0% (Today's Market)

Mar 8, 2021 09:40 AM

ONGC share price has hit a 52-week high. It is presently trading at Rs 121. BSE 500 Index is up by 0.7% at 20,123. Within the BSE 500, ONGC (up 5.2%) and BEML (up 13.1%) are among the top gainers, while top losers are DHFL and CORPORATION BANK.

GRINDWELL NORTON at 52 Week High; BSE 500 Index Up 1.0% (Today's Market)

Mar 8, 2021 09:38 AM

GRINDWELL NORTON share price has hit a 52-week high. It is presently trading at Rs 975. BSE 500 Index is up by 0.8% at 20,123. Within the BSE 500, GRINDWELL NORTON (up 5.5%) and BEML (up 11.8%) are among the top gainers, while top losers are DHFL and CORPORATION BANK.

ASTRAL POLY TECHNICK at All Time High; BSE CAPITAL GOODS Index Up 1.4% (Today's Market)

Mar 8, 2021 09:36 AM

ASTRAL POLY TECHNICK share price has hit an all time high at Rs 2,332 (up 3.6%). The BSE CAPITAL GOODS Index is up by 1.4%. Among the top gainers in the BSE CAPITAL GOODS Index today are ASTRAL POLY TECHNICK (up 3.6%) and HONEYWELL AUTOMATION (up 2.5%). The top losers include KALPATARU POWER (down 0.8%).

View More Indian Share Market News

Most Popular

It's the Beginning of a New Bull Phase in Smallcaps(Profit Hunter)

Feb 24, 2021

Last time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.

Make Rs 5,000 Per Day Trading the Market(Fast Profits Daily)

Feb 25, 2021

In this video, I'll show you how to get started on the path to daily trading profits.

Charge Your Portfolio with this Smallcap Proxy Play on India's EV Revolution(Profit Hunter)

Mar 5, 2021

This could be the biggest wealth creator of the decade.

Gold 65,000 and Silver 84,000 in 2022

Feb 26, 2021

In this episode of the Investor Hour, India's #1 trader, Vijay Bhambwani, talks to us about the stock market, his new targets for gold and silver, the best long-term investment opportunity, and a lot more.

More

India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms

S&P BSE SENSEX


Mar 8, 2021 (Close)

MARKET STATS