Strong earnings in the broader market, improving momentum in financials and manufacturing, and favourable sectoral themes could help Indian equities scale fresh highs over the coming months, according to Ashish Chaturmohta from JM Financial.
Indian equity markets may appear to be moving sideways, but the underlying strength across key sectors suggests the broader trend remains positive, says Ashish Chaturmohta. He believes banking, capital goods and manufacturing stocks are well positioned to drive the next phase of the market rally, while midcap and smallcap companies continue to benefit from stronger earnings growth.
