With oil spiking, bond yields surging globally, and the rupee under pressure, Deepak Shenoy says the macro noise is beyond anyone's control, but India's earnings story remains quietly strong.
Market outlook
In a market where geopolitical crosswinds, from oil supply shocks to an inconclusive Xi-Trump summit, are dominating sentiment, Deepak Shenoy, Founder and CEO of Capitalmind MF, urges investors to tune out the noise and focus on fundamentals with a longer time horizon.
"Disciplined investing for retail investors is always useful. Do not try to time it too much," Shenoy told ET Now. He warns that current price action offers no clear signal, neither a breakdown nor a breakout, making tactical positioning treacherous for most investors.
"This market requires patience. If you do not have that patience, a fixed deposit or a liquid fund will probably be a better option."
