[MMB MU01] sell sell.in uncertain times people postpone discretionary spending.Also this is el nino year monsoons will be weak.

Weak monsoons directly impact agricultural output and rural demand, which are significant drivers for the Indian economy. Reduced discretionary spending signals broader economic slowdown concerns.

• •Uncertain times lead people to postpone discretionary spending.
• •This is an El Nino year, implying weak monsoons.
• •Risk flag: Impact of El Nino on inflation (food prices)
• •Risk flag: Government intervention to mitigate monsoon impact
• •Risk flag: Global economic slowdown compounding domestic issues