Indian Economy Looks Well  -stable For 2019 and beyond.

Indian economy is at an interesting stage. Last few years structural reforms like GST implementation, Demonetization, Insolvency Laws, Digitization, etc.. has created short-term pain in terms of disruption and higher compliance cost. The long term benefits of the same are accruing in the years to come in 2019 and beyond.

Indian economy can move to double digit growth in years to come due to the structural reforms undertaken in the past years. It will require supportive liquidity, smoother transmission of credit and lower interest rate. Indian Economy looks well stable for 2019 and beyond due to low inflation, fairly valued rupee, and most importantly thing is under control of fiscal and current account deficit and improving banking system.

With the correction in 2018, valuations have become fair. Small and Mid-caps look little better valued than large caps. Domestic Inflows slowed down in 2018 over 2017 by a significant amount. Hopefully they will be maintained at the same level in 2019 which will support the market. 2019 looks promising for making money. It’s an opportunity for long – term investment.