Expert view: The Indian stock market is losing sheen as it has slipped to the seventh slot in global market cap rankings, making way for Taiwan and South Korea’s stock markets. The underperformance of the Nifty 50 has also put it on track to record the first annual decline after a decade of positive gains.
However, going ahead, Ashwini Shami, President & Portfolio Manager, Omniscience Capital, is optimistic that the end of the West Asia conflict and even moderate earnings growth could reverse the fortunes in favour of Nifty bulls.