Indian stock markets have continued their upward march even as foreign institutional investors remain largely on the sidelines. Investor attention has increasingly shifted towards earnings performance and stock-specific opportunities rather than relying solely on overall market momentum.
Speaking to ET Now, Shreyash Devalkar, Head-Equity, Axis MF said the June-quarter earnings season has so far been more resilient than initially feared, with listed companies reporting only limited impact from geopolitical tensions and inflationary pressures.