JP Morgan has initiated coverage of Indias capital markets sector with a bullish outlook, citing resilient SIP inflows and rising retail financialisation. The brokerage prefers Angel One, CAMS and ICICI AMC, while staying cautious on BSE, KFin, CDSL and MCX despite strong recent stock performance.

JP Morgan says India’s capital markets continue to be driven by strong SIP inflows of ₹310 billion in May 2026, despite weak equity returns and sustained foreign portfolio…

JP Morgan has initiated coverage of Indias capital markets sector with a bullish outlook, citing resilient SIP inflows and rising retail financialisation. The brokerage prefers…