Indian equities have struggled through Samvat 2082, with the Nifty 50 declining around 3 percent amid the prolonged West Asia conflict, volatile crude oil prices and persistent foreign institutional investor (FII) outflows.
Yet, as investors prepare for Samvat 2083, brokerages see an opportunity emerging from the market correction. Improving corporate earnings, moderating valuations and resilient domestic fundamentals have strengthened expectations of a recovery over the next 12 months.
ICICI Direct expects Indian equities to deliver healthy double-digit returns, while Kotak Neo believes sustained earnings growth could support the market despite near-term global uncertainties.
Both brokerages see the recent correction largely as a valuation adjustment rather than a sign of weakening domestic fundamentals.
Strong Q2 earnings signal improving corporate performance