India Markets Enter Constructive Equity Cycle

Siddharth Vora, Executive Director at PL Asset Management, told ET Now that Indian equity markets are entering a more constructive phase after months of range-bound movement, driven by improving earnings visibility, supportive macro conditions, and attractive relative valuations. He said earnings downgrades appear behind India Inc., domestic participation is keeping markets resilient despite limited FII buying, and the firm favors largecaps, midcaps and value cyclicals.