New Delhi, Dec. 24 -- Shankar Sharma does not expect India's economic slowdown to reverse anytime soon.

While markets could see a mid-cycle rally, the founder of AI-tech firm GQuant believes fiscal constraints, weak tax growth, and currency pressures will limit the scope for a broader revival in 2026.

"Economic growth is like a giant battleship-it takes time to turn," Sharma says, arguing that the government's need to meet its fiscal deficit target could squeeze capital expenditure just as foreign investors reassess returns from India.

In an interview with Mint, the market veteran explains why India and the US have lagged global markets this year, what's driving the exodus of foreign capital, and why he remains more bullish on global e...