Time to become bullish on equities; top investment themes, allocation break-up to consider

Foreign institutional investors’ consistent buying over the last eight trading sessions has made Indian equities more attractive, supported by improved valuations and a favourable risk-reward balance, says Sonam Srivastava, founder and CEO of Wright Research. She recommended investors exercise patience and caution against potential volatility arising from factors like inflation, banking crises and geopolitical tensions, while Deepak Jasani, head of retail research at HDFC Securities, recommended a “buying the dip” strategy. Both agreed on the appeal of sectors such as power, capital goods, pharma, BFSI and auto.