India will be the best or among top two markets globally: Shankar Sharma

We romanticise the good part of the markets, ignoring the bad part, says Shankar Sharma, founder, GQuant Investech

Shankar Sharma, Founder, GQuants (Photo: Kamlesh Pednekar)

Shankar Sharma, Founder, GQuants (Photo: Kamlesh Pednekar)

Business Standard
Every market has its day. The Indian market, too, is having its day, underpinned by having done better than the rest of the world during a problematic 12-month period, said SHANKAR SHARMA, founder, GQuant Investech, at the recent Business Standard BFSI Insight Summit 2022. Edited excerpts:

How would you characterize the current state of the markets?
Indian equity markets are playing a catch up with global markets. Between January 2008 and February 2020, the Sensex gained around 16,000 points (from 21,000 to 37,000) over a period of nearly 13 years. That is an annualised CAGR return of 4-5 per cent in rupee terms.

First Published: Jan 02 2023 | 06:15 AM IST

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