Investors and non-resident Indians (NRIs) investing in Indian equity markets should focus on the bigger picture instead of making decisions based on isolated events, said industry experts during a recent event.
At the 42nd annual international conference hosted by the Institute of Chartered Accountants of India (ICAI) Dubai Chapter, experts advised against giving too much importance to issues like state elections, corporate controversies, or daily market fluctuations.
Expert Views on the Market
Renowned investor Vijay Kedia, founder of Kedia Securities, shared his optimism about the Indian market. He said, “The worst is over, and we’re heading toward a new high, which could come after the budget. Corrections are natural, but I believe the market will bounce back.”
Kedia emphasized the importance of looking at long-term growth rather than short-term issues like rural or urban slowdowns or global concerns. “These challenges are part of daily life. As long as the company is performing well, I stay invested,” he added.
Growth of Indian Brands
Radhika Gupta, managing director and CEO of Edelweiss AMC, urged investors to avoid being distracted by short-term market dramas. “India offers tremendous opportunities, but success requires patience and staying invested,” she said. Gupta highlighted the rise of local Indian brands across sectors like fashion, food, and beverages, transforming previously unorganized industries into thriving businesses.
“For instance, the sari industry, once unorganized, now has several branded players. Similarly, local food and beverage brands are growing as more consumers choose them over international options,” Gupta explained.
Job Creation and Market Discipline
Varun Daga, co-founder of Girik Capital, discussed the remarkable growth of India’s mutual fund industry, attributing its success to investor discipline rather than intelligence. “The mutual fund industry has generated ₹50 lakh crores in equity wealth through consistent investing. We’ve only scratched the surface, and the future looks even brighter,” he said.
Daga also highlighted India’s growing job opportunities. “The food industry alone has created 0.8 million jobs, and many other sectors are creating employment in unexpected ways. The opportunities in India are vast if you have the courage and belief to invest,” he remarked.
Daga advised investors to avoid relying on tips and rumors, saying, “Play by your own rules. India is impossible to ignore, especially with a stable government and growing optimism among NRIs in the UAE.”
Final Thoughts
Experts at the conference concluded that staying focused on long-term growth is the key to success in Indian equity markets. With rising local brands, new job opportunities, and a robust economy, India remains a promising market for investors worldwide.
