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I think there was a lot of disruption in the rural disposable income on account of the disruption in jobs in the urban area on a post COVID basis. But I think with manufacturing picking up several of those jobs are coming back and those transfers from urban to rural India might be getting back.
And if you go back in history and see the longer-term trajectory of the market, it is very unnatural. I mean, typically through the noughties, which is 2000 to 2010 period, I mean we would see a 10% correction every quarter and every year we would see a correction closer to 20%.
Agrawal provides valuable insights on the stock market, offering a comprehensive analysis of various sectors and identifying potential investment prospects. From the IT sector's resilience amidst AI fears to the manufacturing sector's positive outlook, Agrawal's observations shed light on opportunities in an uncertain market.