Global macro uncertainty, persistent geopolitical tensions, and sticky energy prices continue to dominate investor sentiment, even as Indian equities have shown resilience from their March lows. In a detailed conversation with ET Now, market expert Vikas Khemani from Carnelian Asset Management outlined why the next phase for markets may be more of consolidation than a sharp breakout, while still maintaining a cautiously constructive long-term outlook.
Earnings steady, but global shocks yet to reflect fully
