Expert view, July 10 -- The Indian stock market is currently sitting at premium valuations, so one should have moderate return expectations, says Shibani Kurian, senior fund manager and the head of equity research at Kotak Mahindra AMC. In an interview with Mint, Kurian shared her views on how retail investors can make money in this market and her expectations from Q1 results 2025-26, among other things. Here are edited excerpts of the interview:

The current equity market remains volatile on the back of geopolitical risk, tariff-related uncertainties and regulatory risks.

In this context, Indian markets have remained fairly resilient, though on a relative basis, India has underperformed some global peers (in US dollar terms) to date.

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