Indian equities saw renewed interest in interest-rate sensitive and consumption-linked pockets, with real estate and FMCG stocks drawing attention. Market participants are increasingly hopeful that the December quarter could mark a turnaround for the real estate sector. Select banking names also remained in focus, with CSB Bank highlighted for its strong provisional numbers and growth potential.
Earnings growth to stay robust at 14–16%; IT correction a buying opportunity: Vikas Khemani
India’s IT sector is poised for a comeback, with AI expected to boost, not hinder, growth. Vikas Khemani of Carnelian Asset Management sees excessive pessimism,