Neutral impactEconomy
Over 7% growth looks certain this year, but next year needs lower oil prices says Nilesh Shah
CNBC-TV18 1 hr ago·3 Oct 2026, 3:02 pm
Nilesh Shah, Managing Director of Kotak Mahindra AMC, has projected that the Indian economy will likely see growth of over 7% this year. He attributes this positive outlook to the continued strong momentum observed in the second quarter of the current financial year. This optimistic view suggests that the market is on track to maintain its robust performance despite various headwinds.
However, Shah has highlighted that the outlook for the next fiscal year depends heavily on the price of crude oil. He emphasized that lower oil prices are crucial to sustaining this growth trajectory. Additionally, investors should keep a close watch on inflation levels and potential supply-chain disruptions, as these factors remain key risks that could impact the broader market in the coming months.
Excerpt from CNBC-TV18
Kotak Mahindra AMC MD says growth momentum has continued in Q2; flags oil prices, inflation and supply-chain disruptions India’s growth momentum has continued into the second quarter, with 7% plus growth looking certain for the current year, according to Nilesh Shah, MD, Kotak Mahindra AMC. “This year 7% plus growth…Read the original at CNBC-TV18
Key takeaways
- Category: Economy.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
