Indian equities have staged an impressive recovery from their March lows, with benchmark indices as well as mid- and small-cap stocks bouncing back sharply. Cooling crude oil prices, easing volatility across commodities and cryptocurrencies, and resilient corporate earnings have all contributed to the market's recovery. Yet, investor confidence remains measured as geopolitical uncertainties continue to dominate headlines.
Speaking to ET Now, Samit Vartak, from SageOne Investment Managers, said that while markets have recovered significantly, sentiment has not yet turned outright bullish.