Anand Radhakrishnan, MD, Sundaram Mutual Fund, says rate cuts are expected to boost both listed and unlisted companies by improving liquidity and credit availability. Consumption, which accounts for over 50% of the economy, is likely to rise due to tax relief, falling interest rates, and potential wage growth. Many legs of the economy seem to be reasonably aligned and at the margin, we would see both the benefits of interest rates and consumption trickle down. Investment is also projected to increase from both government and corporations. What do you make of the current market setup? It is quite impressive to see how the markets have managed to climb the wall of worry. Whatever could go wrong has gone wrong in the last six-eight months, but markets are firm like rock, not only in India but globally also?