This year has also been particularly unlucky for Indian stock market investors thanks to the uncertainty added by politics.
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"Even if India is going to get rapid GDP per capita growth, it doesn't mean that the entire stock market is going to grow its earnings at the same rate because you're going to get competition," he added. This year has also been particularly unlucky for Indian stock market investors thanks to the uncertainty added by politics.
Finally, several Indian stocks also appear to be deflating out of a bubble, according to Kevin Carter, chief investment officer of the firm behind the, the owner of fintech giant Paytm and once backed by Buffett, has fallen nearly 80% since its IPO in 2021. Aside from its valuation normalizing,But market watchers say increased volatility and lackluster index performance mean there's money to be made if investors look closer.
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