“Rishi Kohli of JioBlackRock AMC is bullish on the Indian equity market, believing it's approaching an attractive entry point due to valuations (trailing 12-month P/E below 19x, at the lower end of the 10-year band) and oversold technicals (RSI and breadth measures at attractive levels). He specifically recommends largecaps as a good entry point right now, citing that the top 10 stocks are at historical bottoms and largecap-to-midcap ratios are at 97 percentile lows, offering better risk management and faster recovery. Given the current market dynamics, he advises investors to deploy at least 50% of their cash.”