Are we in a state of quasi growth slowdown?

Are we currently facing a quasi growth slowdown? The apparent nervousness is clearly reflected in the trends exhibited in key stock indices. Initial trends in Q4FY19 exhibit overall decline in sectors such as Telecom Equipment & Infra Services; Agro Chemicals; Petrochemicals; Infrastructure Developers & Castings, Forgings & Fasteners. Pharmaceutical companies dependent on exports are likely to report poor growth numbers.

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