VUCA World Reality: Growth intact, but valuations look stretched

Investors must navigate the volatile market carefully. US tariffs will marginally impact India’s GDP. India focuses on reforms to boost growth. GST rationalization can significantly boost demand. Growth is likely to pick up from Q2 FY26. Moderate returns are expected. High valuations prompt FIIs to sell. Prioritize safety by investing in fairly-valued high-quality stocks. Smallcaps are excessively valued.