A combination of easing geopolitical tensions, resilient domestic markets and improving technical indicators has strengthened investor sentiment, with market veteran Gautam Shah from Goldilocks Global suggesting that Indian equities may be approaching a crucial turning point.
Speaking to ET Now, Shah said the recent developments surrounding the US-Iran deal have helped improve market mood, but he believes the bigger story lies beyond headline indices and within broader market segments such as smallcaps, microcaps, renewable energy and healthcare.