Positive on stocks’ long-term potential

Devina Mehra, founder of First Global, is optimistic about the long-term growth potential of India’s stock market.

- Nishant Kumar [e-mail]

In an interview with Mint, she said that stock indices have yet to reach their long-term compounding trend lines or extremes in terms of rolling returns. The risk of big, sustained crashes manifests when the market goes way above the trend line, she highlighted.