ETMarkets Smart Talk: Largecap stocks likely to deliver 11-13% return in next 12 months in line with nominal GDP growth: Pradeep Gupta

Pradeep Gupt of Anand Rathi Group, expects nominal GDP growth of 10% to 11% in the next 12 months. He believes that market timing and instrument selection have a limited impact on portfolio returns, accounting for only about 10% of the variability. While geopolitical concerns have caused short-term volatility in equity markets, Gupta maintains a positive outlook for the Indian equity market due to strong macroeconomic and corporate fundamentals.