'Markets are getting close to a bottom or have bottomed out'

Amid significant volatility in the Indian equity market over the past few months, many investors are uncertain whether the worst is yet to come. However, Venugopal Manghat, CIO at HSBC Mutual Fund, is confident that "we've seen the worst in price" and believes the market has reached its bottom. While he remains optimistic about India's economic growth, Manghat cautions that ongoing volatility may persist due to global uncertainties and elevated valuations in certain pockets.