Markets & Macros | The Spark Capital View

Trade wars. AI disruption. A Middle East energy shock. El Niño on the horizon. The last 12 months have tested every assumption Indian investors held going into 2026. In this episode of Markets & Macros on The Spark Capital View, Shankarraman Ramachandran, MD & CIO — Third Party Products, and Mangala R Pruthi, ED — Third Party Products, at Spark Capital PWM, walk through India's investment landscape for May 2026 — covering global growth, India's macro and earnings outlook, capital flows, fixed income strategy, and how to build a resilient portfolio in a grinding market environment. A must-watch for investors, wealth management professionals, financial planners, and anyone navigating India's equity and debt markets with a long-term investment advisory lens. In this episode, you will discover: 00:00 Introduction & setting the context 01:34 What drove the April global rally? 03:02 The crude shock: how bad can it get? 05:36 US inflation & what it means for rates 12:04 Where India's earnings cycle turned 15:29 FY27 growth: how deep is the grind? 19:31 Earnings: FY27 vs FY28 23:09 Are Indian valuations compelling? 26:13 Building portfolios gradually 29:18 Fixed income: stay short, earn carry 34:04 Real assets: REITs & InvITs 36:59 Gold: store of value or volatile asset? 39:14 Portfolio positioning summary 40:42 Closing thought on India's market character About the speakers: Shankarraman Ramachandran Managing Director & CIO — Third Party Products Spark Capital Private Wealth Management A seasoned investment leader with over two decades of experience across wealth management, investment advisory, and portfolio strategy. Mangala R Pruthi Executive Director — Third Party Products Spark Capital Private Wealth Management An experienced investment professional with over two decades of expertise in portfolio strategy, market analysis, and wealth advisory. Watch now and stay informed with expert insights from Spark Capital PWM. Don’t forget to Like, Share & Subscribe for more market insights and thought leadership content. #MarketsAndMacro #SparkCapitalView #SparkCapitalPWM #IndianMarkets #InvestmentOutlook2026 #PortfolioStrategy #FixedIncome #REITs #InvITs #Gold #RealAssets #DebtMarkets #EquityMarkets #WealthManagement #InvestmentAdvisory #FinancialPlanning #PortfolioManagement #LongTermInvesting #AssetAllocation