India will be the best or among top two markets globally: Shankar Sharma

We romanticise the good part of the markets, ignoring the bad part, says Shankar Sharma, founder, GQuant Investech

Every market has its day. The Indian market, too, is having its day, underpinned by having done better than the rest of the world during a problematic 12-month period, said SHANKAR SHARMA, founder, GQuant Investech, at the recent Business Standard BFSI Insight Summit 2022. Edited excerpts:

How would you characterize the current state of the markets?

Indian equity markets are playing a catch up with global markets. Between January 2008 and February 2020, the Sensex gained around 16,000 points (from 21,000 to 37,000) over a period of nearly 13 years. That is an annualised CAGR return of 4-5 per cent in