Dhiraj Agarwal from Ambit Investment Managers notes Indian market optimism despite weak earnings. A strong recovery is expected in the second half, extending into FY27. Investors prioritize long-term prospects. Performance varies across sectors, with IT second liners outperforming mega-caps. Rotation from PSU to private banks is observed due to economic slowdown. US markets show strength despite concerns.
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Strong earnings recovery expected in H2, seeing rotation in IT, banks: Dhiraj Agarwal
