After Trump’s tariff, the Indian stock market reached a lower level and has now recovered completely. Market experts say that now the Indian market can touch new heights in this financial year. Vikas Khemani, the founder of Carnelian Asset Advisors, considers this. Khemani said this at The Wealth Formula Show. He said that despite the global uncertainties such as tariffs and instability in crude oil prices, the matter of domestic investment in the stock market remains strong.
Khemani said- I think the market has recovered from bad days. He said that even during the crisis, I had said that it is difficult for the Nifty to go below the level of 22 thousand, because from this level the valuation starts coming in our favor and the worries decrease significantly.
The market has reached its lowest level
Khemani also said that the current quarter results would be normal. That is, neither very good nor very weak. He said that there is no great expectation but not going to be a big loss. However, he has warned that there may be some problems in the June quarter due to tariffs and inventory deficit uncertainties.
However, income from September quarter is expected to increase again. Khemani said that despite the unstable prices of new tariffs and crude oil imposed by the US, India’s position is slightly positive rather than neutral. Khemani said that India can suffer losses only when its tariff rate is more than countries like China, Vietnam or Mexico, which does not seem possible at the moment.
Khemani also said that retail investors joining the market at the height of the market are seeing 40 to 50 percent loss in their portfolio. While the index has seen an improvement of about 20 percent.
Retail investors’ perception weakened
This is why the morale of retail investors remains weak. However, those who are experienced investors are looking and investing this recession as an opportunity. Khemani said that according to me it is going to be a great vintage. India’s development story remains the story of the strongest property creation in the world. Khemani further said that the Reserve Bank of India has cut interest rates to promote development and indicated that these cuts will continue. He said that sectors like banking will lead the boom of this market and the market can touch new heights this year.
