‘You don’t lose when markets panic, you lose when you panic’: Devang Mehta’s playbook for the current crash

March 17, 2026

Despite 18 months of market downturn and recent Middle East conflict-driven volatility, Indian equity investors are advised to remain invested and buy in tranches. Devang Mehta of Spark Capital highlights India’s intact fundamentals, with autos and financialization sectors showing strong potential. Metals and IT are flagged for caution due to global and structural headwinds respectively.

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