Stories
Ramesh Damani Predicts Global Capital Rotation Back to Indian Equities
C
CNBC TV18•16-10-2026, 11:47
Ramesh Damani Predicts Global Capital Rotation Back to Indian Equities
- •Veteran investor Ramesh Damani expects a massive rotation of global capital into Indian equities as the US AI boom loses momentum and markets face instability ahead of upcoming elections.
- •Damani warns that Wall Street is ignoring risks surrounding US elections and elevated interest rates, which could trigger a great rotation in global equity markets.
- •India's strong domestic fundamentals and savings will help the market recover swiftly from any global knee-jerk corrections, attracting a larger share of global equity flows.
- •Investors are advised to focus on bottoms-up stock picking in the mid-cap range and remain invested rather than attempting to time geopolitics.
Key Questions Answered
The AI-driven rally in the United States is losing momentum due to elevated interest rates, excessive valuations, and market exuberance.
Ramesh Damani anticipates global capital will rotate into Indian equities as the US artificial intelligence boom loses steam and markets face potential instability surrounding elections.
Damani advises remaining invested and focusing strictly on bottoms-up stock picking within the market capitalization range of 5,000 crore to 20,000 crore rupees.
