“No Bull, no bear—it’s a kangaroo market," says Nilesh Shah amid global uncertainty

Nilesh Shah, MD of Kotak AMC, describes the current market as a "kangaroo market" with unpredictable fluctuations driven by global and domestic events. He highlights concerns about West Asia's geopolitical risks, India's dependence on energy imports, and potential economic pain if oil prices remain elevated. While acknowledging market recovery, Shah urges investors to be selective and adaptable, emphasizing the importance of long-term strategies and diversification across asset classes like credit AIFs, gold, and equities. He also warns that the real economy may soon feel the strain from geopolitical shocks and supply chain disruptions.