Coffee Can Newsletter – October, 2019

Over the last few months, there has been widespread perception of slowing consumption and a tight liquidity situation leading to economic slowdown. The 5% GDP (real) growth data (for Q1FY20), only acts as further reinforcement. The steps taken by the government on the 20th of September to boost the overall sentiment and encourage investment into manufacturing was due to the widespread phenomena of weakness in the economy although the high index levels of Nifty and Sensex did not suggest this. Let us delve into some of the finer details…