NDA's '400 paar' dream faces reality check, Bernstein report suggests
The Bernstein Societe General Group's latest India Strategy report analyzes the political landscape post the 18th Lok Sabha elections, highlighting challenges and opportunities for market sentiments. Despite record-high valuations in small and mid-cap sectors, stabilizing trends, and pre-election optimism, the report underscores potential hurdles for the government's ambitious targets, emphasizing the need for sustained fiscal responsibility and cautious market optimism.