Market conversations often revolve around prediction-what the next quarter might hold, how interest rates may move, whether a rally has more room or a correction is ahead.

India’s economic narrative this year has been shaped by a strong pro-growth agenda from the government, which has translated into better-than-expected GDP numbers.

The year 2025 has been full of surprises, some encouraging, others challenging for financial markets.

Now that we have at least turned back the cycle in favour of fundamental characteristics such as Earnings and Quality of businesses explaining most of the performance vs rapid valuation expansion explaining most of the price performance specially between 2023 -24.

My recent announcement of early retirement at 55 caught some attention.