“Indian economy, business cycle, and credit cycle were doing very well… this is a speed bump, not a structural issue.” He adds that improving geopolitical signals are encouraging. “Ceasefire talks suggest we are moving away from the storm… long-term investors can pick good companies at attractive valuations.”
Even as indices have remained largely range-bound over the past couple of years, corporat...
The narrative presents a strong case for long-term optimism in the Indian economy, emphasizing resilient corporate fundamentals, attractive valuations, and sectoral opportunities. The argument is bolstered by concrete data points—improved earnings, credit growth, and consumption trends—while acknowledging near-term volatility. However, the analysis leans heavily on a pro-cyclical bias, with selective defensiveness in sectors like IT, where structural concerns (e.g., AI disruption) are cited with...