“Rahul Bhuskute maintains a constructive outlook for Indian equities in FY27, driven by improving domestic fundamentals and earnings potential. He anticipates near-term volatility and range-bound markets, especially in H1 FY27, with incremental risks skewed to the downside due to geopolitical tensions and FII flows. The Nifty, trading at 18.5x one-year forward earnings with 12-13% FY27 growth, is considered reasonably attractive historically but remains at a premium compared to other Emerging Markets.”