Value Plus

Arihant’s Value Plus – July 2019 – Monthly Investment Newsletter

After three consecutive months in a row, Goods and Service tax (GST) collection dropped below the 1 lakh Cr mark. Gross GST revenues in the month of June stood at Rs.99,39,048 Cr compared to Rs.1,00,289 Cr in the month of May. In addition to this, auto sales continued to face pressure due to weak buyer sentiment. Passenger vehicle sales declined 16% YoY, while two-wheelers sales witnessed a decline of ~12.5% YoY. Overall there was a clear sign of a slowdown in the economic activity. Now that the ruling party has got a second term in office, markets are hoping the government will fix what is broken and infuse life into the economy.

In this issue:

  • Movers & Shakers
  • Market Outlook
  • Stock Recommendation
  • Auto Sector June Sales
  • Commodity Pick
  • Mutual Fund
  • Key Financial Events – July

We hope you find this issue of Value Plus useful. Please share your feedback on research@arihantcapital.com

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