Samir Arora, the founder of Helios Capital, expressed caution about the market during the CNBC-TV18 Global Leadership Summit. He maintained a short position in sectors such as consumer goods, certain automakers, and select micro lenders.

Arora believes that assets that are currently underperforming have the potential for rapid recovery, while strong performers are less likely to experience sudden declines. He expects improvements in the market over the next year, despite the need to define what constitutes a bull market.

Arora pointed out that the Nifty index has seen some of the lowest returns in history over the past three years, while the NSE 500, which includes mid and small-cap stocks, has performed relatively better. These insights from Arora reflect the broader market sentiment as investors navigate the complexities of the current economic conditions.