Moneycontrol: Strong economic growth in Q3FY25, further correction in Mid & Smallcap
"Various leading indicators suggest strong economic growth during the third quarter of the current financial year. The index of industrial production has grown consistently since August 2024. GST collections for the first nine months grew at 9.1% YoY and the direct taxes grew by 15% till November 2024. The composite PMI index rose to 59.2 in November 2024 indicating strong growth momentum," he reasoned.
-Ashwini Shami (Executive Vice President and Portfolio Manager, OmniScience Capital) in conversation with Moneycontrol's #dailyvoice.