New Delhi, Sep 24
Domestic demand-driven sectors like consumption, infrastructure, and retail, high-quality large caps and selectively researched mid- and small-cap hold promise for investors, a report said on Wednesday.
Asset management firm PL Wealth, in the report maintained a positive outlook on Indian equities for the long term but advised caution in the short term due to tariff uncertainties and foreign portfolio investor outflows.
Strong domestic fundamentals supported the positive view as the firm highlighted that India’s growth is intact, as Q1 FY26 gross domestic product rose 7.8 per cent year-on-year (YoY), aided by front-loaded government capital expenditure and a favourable deflator.
PL Wealth said that the GST rationalisation is expected to boost growth by 0.2–0.3 per cent, support consumption, and ease inflationary pressures.