He believes the second half could increasingly become an earnings-driven market, even as global macro risks remain in the background.

Taksali points out that FPIs invested around ₹20,000 crore in Indian equities in July, followed by another ₹12,921 crore in the first week of August. With the Niftys trailing P/E…

He believes the second half could increasingly become an earnings-driven market, even as global macro risks remain in the background.