What we have seen so far is that the top end of the market has not had any major impact. It is the bottom end, which has, reported problems. And we have seen that across the board in, for example, FMCG etc, the numbers have not been really exciting in the year gone by.
Retail investors now the smart money, HNIs more prone to panic: Sandeep Tandon
Quant Mutual Fund’s CIO, Sandeep Tandon, anticipates India’s PE multiple to remain elevated until 2047, driven by a demographic peak and a shift in investor
June 20, 2025