No froth in market; largecaps may offer short-term value: Manish Gunwani

Manish Gunwani of Bandhan AMC suggests Indian equity markets aren't in a bubble, citing reasonable long-term real returns. He sees value in thematic and bottom-up investing, anticipating sustained market appeal driven by potential foreign capital inflows over the next three to five years. Favorable dollar trends and resilient service exports further support a positive outlook for Indian assets.