After 2 years of flat returns, Devina Mehra explains why she's still bullish on equities

After two years of stagnant returns, First Global’s Devina Mehra remains optimistic about Indian equities. She attributes this view to historical market trends, sector valuations, and overall investor sentiment, suggesting that the current period of flat performance is temporary.
Mehra warns that trying to time the market can be risky, as investors might miss out on sharp rebounds. She advises maintaining a consistent equity allocation and adhering to a long-term investment horizon to navigate market volatility effectively.
Investors should focus on the broader market structure and sector fundamentals rather than short-term fluctuations. Keeping a long-term perspective is crucial for capitalizing on potential growth opportunities in the Indian market.
Excerpt from CNBC-TV18
Published On Oct 28, 2026 | 16:24 IST Last Updated On Oct 28, 2026 | 16:24 IST First Global's Devina Mehra points to historical market trends, sector-level price-to-earnings ratios and investor sentiment to explain why she remains positive on Indian equities. She also warns that investors who try to time the market…Read the original at CNBC-TV18
Key takeaways
- Category: Results.
- AI reads the tone as positive (potentially bullish) for the stock.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. The tone is positive — historically associated with upward pressure, though not predictive. Use the price and stock snapshot to gauge how the market is responding.













