Motilal Oswal Private Wealth reiterated its neutral stance on Indian equities while further increasing its overweight position on mid and smallcaps as they carry higher exposure to high-growth sectors, and the valuations have improved meaningfully.
In its latest Alpha Strategist July 2026 report titled “The Changing Formation”, the wealth management firm highlighted that global long-standing market relationships are undergoing a shift. A stronger US dollar is no longer weighing consistently on emerging markets, while Wall Street’s equity gains are broadening beyond a handful of large technology stocks.
