India's growth outlook remains positive despite market volatility

Sudip Bandyopadhyay, Group Chairman of Inditrade Capital, notes that global market volatility is influenced by U.S. policy changes. However, he remains optimistic about India's growth due to falling inflation, which may lead the Reserve Bank of India to cut interest rates. Despite ongoing market fluctuations, Bandyopadhyay believes the downside risks for India are limited. He anticipates a market recovery starting later this month, particularly as interest rate cuts are expected to support economic growth. In terms of sectors, Bandyopadhyay highlights potential in the metal industry, specifically Tata Steel, due to increased demand in Europe. Conversely, he expresses concern for the IT sector, which may face challenges due to slowing U.S. growth.