Despite the current market challenges, many analysts remain optimistic about the market’s future. They cite the market’s “resilience” as a reason for their positive outlook, comparing it favorably to other markets. However, Dr. Ravi Singh, SVP of Retail Research at Religare Broking, believes that the term “resilience” might be overstated. In an interview with Outlook Business, Singh expressed concerns about the recent headwinds and valuation issues in the market. He suggests that the market’s ability to withstand challenges is not necessarily a guarantee of future success.
