NBFCs, autos, and multi-decadal themes gain traction as India eyes post–West Asia stability boost: Nitin Raheja (opens original article in a new tab)

As global crude prices soften and West Asia tensions ease, India's market strategy shifts towards financials, autos, and long-term structural themes like defence, power, and digital infrastructure, with a cautiously optimistic outlook for Indian equities.

• Global crude prices soften and geopolitical tensions in West Asia ease, prompting recalibration of India portfolio strategies.
• Financial sector focuses on private banks over NBFCs due to valuations and recent sell-offs, with NBFCs still considered part of a broader financial services basket.
• Autos sector shows selective strength, with EVs emerging as a structural driver and companies with strong EV portfolios expected to perform well.