Deepak Shenoy, the Founder and CEO of Capitalmind MF, has a positive outlook on the Indian market despite the prevailing global uncertainties, including geopolitical tensions and slowing growth. He asserts that corporate earnings are proving more resilient than anticipated, with significant growth in bank credit, particularly a 34% year-on-year increase in Micro, Small, and Medium Enterprises (MSME) credit and a 10.5% rise in large industry credit, the highest since 2013. Shenoy is strategically investing in sectors such as industrials, defence, and semiconductors, which he believes are undervalued and have strong revenue potential. However, he is cautious about the financial sector and expects domestic oil exploration to gain traction once geopolitical tensions ease. In contrast, Shenoy holds a bearish view on crude oil prices, forecasting they will drop below $80 per barrel within a year due to increased supply and long-term electrification trends. He advises investors to wait for actual orders in the electric vehicle (EV) technology sector before making significant investments.