If AI bubble bursts, India could benefit: Macquarie's Sandeep
Macquarie Group's Head of Indian Equities, Sandeep Bhatia, said if the AI bubble bursts, India could benefit. "Eventually, all bubbles burst, but as long as businesses have solid cash flows and fundamentals, they survive and mature. We saw this with the Y2K bubble," he stated. He also noted that Indian equities remain in a holding pattern.