These four triggers will help the market going forward-:- Equity Research

The fundamental improvement in the Indian economy "has just started" and going forward, four triggers will help equity markets in a big way, says Gautam Trivedi of Religare Capital Markets. Speaking to CNBC-TV18, Trivedi said a good monsoon, the rollout of the Pay Commission hike ("it will result in a USD 50 billion stimulus over 2-3 years), passage of GST Bill and the appointment of the new Reserve Bank governor will be a positive. And why is the new RBI governor a positive? "The new RBI governor will cut rates. Let's face it. India has got the highest interest rates among the world top 20 economy," he said. He also lauded the government for reportedly deciding to hike kerosene prices by 25 paise for the next eight-nine months. "We are really impressed. This government has done what no cgovernment has dared to do." Talking about his sector preference, Trivedi said he was positive on auto, midcap pharma and private banks.