Are the Indian markets past the worst? Here’s Macquarie’s Sandeep

Sandeep Bhatia, Managing Director and Head of Equity India at Macquarie Capital expects the July-September quarter of 2026 (Q2FY27) earnings to positively surprise and sees opportunities in banking, capital markets, autos and power. However, oil prices, US tariffs, artificial intelligence (AI) uncertainty and regulatory concerns remain key risks for investors.

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