The decline in Paytm and Reliance had a negative impact on the market but we are still eventually flat for the month. It is not really such a big setback for the market if you look at the overall context of it. We have seen somebody move towards the Chinese market, away from India in the short term. A lot of money will go into the markets over the next six to 12 months but FIIs will come back. It looks like it is going to be three-player market but the leadership keeps on changing between Bharti and Jio.

Source: Economic Times November 24, 2021 06:10 UTC