Nitin Bhasin, Chief Investment Officer at Ambit, argues that the Indian equity market is well-supported by resilient corporate demand and strengthening capital flows, leaving little room for a significant downturn.
Bhasin highlighted that companies have successfully maintained sales volumes even after implementing price increases, a signal of underlying consumer strength that supports earnings stability.
The constructive outlook is further bolstered by improving foreign institutional investor (FII) flows, which are converging with robust domestic investment activity.
This dual-source liquidity provides a cushion against external volatility, according to Bhasin.
He emphasized that the combination of steady earnings growth and renewed foreign interest creates a favorable backdrop for the market, particularly for banking stocks which are benefiting from the broader economic resilience.
This perspective aligns with other recent assessments of the Indian market.