
First Global, Founder & CMD, Devina Mehra believes the extreme pessimism around India could actually become the biggest trigger for a market rebound. She says global investors may be ignoring India right now, but history shows that every time the “India obituary” gets written, markets bounce back sharply and create massive wealth. Devina Mehra highlights that market breadth is improving, which is a healthy sign after a narrow rally phase. She also questions the narrative that India lacks an AI or innovation story, pointing out that even in the US, market leadership is shifting beyond the Magnificent Seven tech giants. With small caps outperforming globally and sentiment still weak, is Dalal Street setting up for a surprise comeback?