LIVING ON BANK INTEREST MAY FADE AWAY WITH STEEP FALL IN INTEREST RATES. GOING FORWARD BANKS MAY NOT PAY MORE THAN 6% INTEREST ON YOUR DEPOSITS AND SURELY THAT MAY NOT BE ENOUGH FOR A LIVING WITH BANK INTEREST.
CONSEQUENTLY PEOPLE WILL INVEST EVEN MORE IN EQUITIES AND WE MIGHT SEE NIFTY AT ALL TIME HIGH LEVELS IN I\2 YRS. NEXT 6 MONTHS MAY BE BAD FOR BUSINESS BECAUSE OF DISRUPTION CAUSED BY MODI ACT. WE HAVE TO TAKE A VIEW OVER A YEAR AND INVEST IN STOCKS THAT ARE CHEAP
COMPANIES MAY ALSO DO BETTER WITH LOWER INTEREST RATES AND REPORT HIGHER PROFITS. THAT CAN MEAN BETTER & HIGHER DIVIDENDS
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