Ace investor Shankar Sharma decodes market performance, highlights where money-making opportunities lie
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓The Nifty fell 18% from its 26,373.20 record high on 5 January.
- ✓Ace investor Shankar Sharma said, "It goes back to my lake of returns theory." He believes the market had a good run until 2024, and now many large companies lack new ideas to grow beyond the domestic consumer.
Story at a Glance
- Category
- MARKET
- Reported By
- Livemint
- Reading Speed
- 6 Minute(s)
- Market Focus
- India Economy
Enough has been said about the poor performance of the Indian stock market over the last two years. The benchmark Nifty is down 18% from its record high of 26,373.20, scaled on 5 January this year, while over the last two years, it has delivered a negative return of 13%. Year-to-date, the index is down 14%.
You ask an investor why this market has been down, and she will probably cite key reasons as increased geopolitical risks, higher oil prices, foreign capital outflows, US tariffs, the lack of AI tarde, and weak earnings.
While these are valid factors, ace investor and a market veteran Shankar Sharma, also the founder of GQuant Investech- an AI firm, makes us recall his famous "the lake of returns theory", according to which, a market's strong performance is followed by a period of negligible returns.
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