India's equity markets are entering a more constructive phase as macroeconomic headwinds begin to fade, according to Prashant Jain, CIO, 3P Investment Managers who believes large-cap stocks are well positioned to outperform amid improving economic conditions and more reasonable valuations.
Speaking to ET Now, Jain said the combination of stronger domestic fundamentals, improving external balances, and stable valuations has strengthened his outlook for Indian equities. While he remains optimistic about the broader market, he believes opportunities are emerging selectively across sectors, particularly in large-cap banking and information technology.
