Amit Goel On Indian Markets: 20% Upside, Cheap Nifty Valuations & The AI Bubble Risk

Indian equities could offer an attractive opportunity amid global uncertainty, according to Amit Goel, Co-Founder & Chief Global Strategist, Pace 360. After increasing exposure to Indian equities and Nifty ETFs during the recent market correction, he believes valuations have become compelling, with the Nifty trading at around 15.5 times projected FY28 earnings. He sees potential upside of 15–20%, while highlighting India's relative resilience amid concerns over an artificial intelligence bubble. The discussion also examines whether investors should buy market dips, how global risks could shape returns and why India may be positioned to outperform other markets. Like, Share, and Subscribe to Business Today.