Indian stock markets are defying foreign investor caution, driven by resilient June-quarter earnings. Companies are navigating geopolitical and inflation challenges better than expected, with a focus shifting to corporate performance. Experts see potential for large-cap stocks to catch up as nominal GDP growth improves, while sectors like IT require stronger growth triggers. Auto ancillaries and pharma remain preferred investment avenues, though defence valuations demand caution amid a positive long-term outlook.
Indian stock markets are showing resilience despite foreign investor caution, fueled by strong June-quarter earnings. Companies are effectively navigating geopolitical and inflation challenges, shifting focus to corporate performance. Experts anticipate large-cap stocks could…
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