What is the best way to approach the current market scenario? Nilesh Shah answers
«So, on the whole, it has been a good time so far. In this year, probably for the first time, we are seeing some bit of chinks in the armour in terms of how the geopolitical equation now kind of changes or impacts macroeconomic stability, how crude oil behaves, impact on inflation, interest rates,» says Nilesh Shah, MD & CEO, Envision Capital.
It is not alarming, but it is getting sticky. Markets are hitting a pause button. Do you think we have done for the year in terms of a level, in terms of where market would settle at?
I would tend to think so that we have had a sharp kind of an up move over the last six to nine months and so, this calendar year. This financial year so far has been fantastic in terms of price moves, in terms of re-ratings and then that is got backed by strong earnings growth as well.
So, on the whole, it has been a good time so far. In this year, probably for the first time, we are seeing some bit of chinks in the armour in terms of how the geopolitical equation now kind of changes or impacts macroeconomic stability, how crude oil behaves, impact on inflation, interest rates.
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These are the kind of challenges which could come to the fore, which can create some kind of pause buttons. But I think barring issues around sentiment, I do not think that we have any other kind of risks that we need to worry too much about.
I think, yes, there has been a lot of talk about this whole geopolitical stuff. But if that were to have had an impact, I think it
