Mkts Refuse To Cheer A 'Resilient' Economy, Is There Light At The End Of The Tunnel?

The Indian economy has shown remarkable resilience amid global uncertainty and conflict. But the markets are giving investors little reason to cheer.There is growing frustration among investors over the disconnect between India’s macroeconomic resilience and market performance.A recent note by Bernstein describes many of India’s large-cap stocks as relics of a bygone economic era. Its argument? India’s large caps are not investing in the future; they are consolidating their past.So, what will it take for the markets to shed their anxiety?The Indian economy has shown remarkable resilience amid global uncertainty and conflict. But the markets are giving investors little reason to cheer.There is growing frustration among investors over the disconnect between India’s macroeconomic resilience and market performance.A recent note by Bernstein describes many of India’s large-cap stocks as relics of a bygone economic era. Its argument? India’s large caps are not investing in the future; they are consolidating their past.So, what will it take for the markets to shed their anxiety?