Markets calm despite tensions: Ashish Gupta sees no lasting impact on markets without escalation

 

Ashish Gupta says markets have overlooked positive macro cues and better-than-expected earnings so far.

Geopolitical tensions may have limited impact if de-escalation occurs, as seen in past episodes.

Stability in currency, interest rates, and fiscal deficit seen as positive signs.

While bank performance is mixed, credit growth is expected to pick up in H2 FY25.