Neutral impactEconomy
'Worst Is Behind Us': Sandeep Tandon Sees Market Bottom, Flags 'Extreme Euphoria' In Midcaps
NDTV Profit 2 hrs ago·28 Oct 2026, 3:02 pm
Sandeep Tandon, the Founder and CIO of Quant Mutual Fund, believes the worst phase of the current market downturn is now behind us. He argues that while the broader market has seen significant volatility, the most severe selling pressure has already occurred. This view suggests that the current price levels may have already factored in the most negative outcomes for the economy and corporate earnings.
This perspective is particularly relevant for investors watching the midcap segment, where Tandon notes signs of 'extreme euphoria' returning. This indicates that while the market is stabilizing, there is a risk of short-term over-exuberance. For investors, this signals that the period of panic selling is likely over, but it also serves as a reminder to remain cautious about chasing rallies in specific segments.
Going forward, the focus should shift to identifying quality stocks that can sustain growth. Investors should watch for a gradual recovery in corporate earnings and a stabilization in liquidity conditions. The key will be to distinguish between genuine value and temporary price spikes driven by market sentiment.
Key takeaways
- Category: Economy.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
