Sandip Raichura, CEO of Retail Broking and Distribution at PL Capital, projects that Indian benchmark indices could rise approximately 10% from current levels, driven by accelerating corporate earnings growth in the coming quarters.
Raichura argues that markets are better positioned to handle near-term volatility, advocating for disciplined investment strategies over reactive trading amid ongoing geopolitical tensions.
The broker’s optimistic outlook aligns with PL Wealth’s recently reaffirmed constructive stance on Indian equities.
The asset manager has maintained a long-term bullish posture, highlighting structural economic strengths as a buffer against persistent market turbulence.
This continuity in sentiment suggests that institutional players view current price levels as attractive entry points for long-duration exposure.
Raichura’s forecast comes as investors navigate a complex macro environment where geopolitical risks, including tensions involving Iran, continue to loom over global markets.