“Bullish on the Indian market, particularly large-cap driven sectors like auto and financials (especially banking), due to impressive 22% auto retail sales in June, crude oil prices returning to pre-war levels, and FPIs turning net buyers. These factors are expected to keep inflation in check, supporting a low interest rate regime and sustaining credit growth above 17%, which will fuel the next leg of the rally. Oil & gas and telecom majors, along with broader market retail buying, will also contribute.”