There is a widespread pessimism about consumption ... moreThere is a widespread pessimism about consumption sector in India while many analysts have de-rated stocks in the sector. Analysts said that agri income can hold up in FY20 only if MSP based procurement picks up significantly and if that doesn't, the optimism due to expectations of a strong Rabi crop also might fall. Is it all gloomy outlook for consumption sector? Mint’s Nasrin Sultana speaks to Milind Karmakar, Director and Senior Fund Manager, Dalal & Broacha Portfolio Managers about the future of consumption stocks in India.
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