Emkay Confluence 2018 brought together 95 companies spanning various industries and was attended by over 500 institutional investors and FIIs. The interactions during the two-day conference revealed a cross-section of evidence of the economic revival (reflected in corporate performance) and confidence about future prospects. The constructive rendezvous also corroborated our long-held beliefs about an impending resurgence in the rural economy. We came out more confident about our theme of fiscal reflation led cyclical upturn - now prominently resonated in a host of consumption-led sectors such as Autos, Tractors, Durables, Discretionary, Staples etc. Lenders are...