8th pay commision/budget/Trump and Indian markets My pov : Bullish
I think this 8th pay commision is a magical elixir for Indian markets as this improves spending power and people will consume more and pvt sector employees earn good and migrate outside of India and bad mouth India, but govt employees are trustworthy because they should and will stay in India, because they work in govt 😂 and build India eventually so 8th pay commision is an excellent decision by govt and in budget there is a rumour that govt will reduce taxes, this market fall is temporary as there is this trump mania so both FII and DII are investing USA by withdrawing money from all global markets and 40% of global wealth is going into crypto too. So once this trump dust settles markets will return to its normal course, infact I am bullish in Indian markets for long term due to 8th pay commision and budget to some extent) I invested close to 9 lakhs and at this dip I'll invest more, what's your pov ?