
Indian equity markets staged a sharp recovery after early-week volatility, aided by fuel price hikes finally being passed on to consumers and easing concerns around the Adani group overhang. Yet, according to market expert Sandip Sabharwal, the bigger question for investors now lies beyond corporate earnings and closer to the evolving global macro environment.
Speaking to ET Now, Sabharwal said the market’s direction will increasingly depend on developments surrounding global commodities, inflation, and geopolitical tensions in the Middle East.