Nilesh Shetty of Quantum Advisors affirms India’s long-term growth persists despite FII selling, attributing outflows to tactical China reallocation. He highlights largecap equities as increasingly attractive post-correction, favoring financials, IT, pharma, and logistics. Shetty foresees a consumption recovery boosted by monsoon and rate cuts, maintaining optimism for IT services’ long-term prospects despite near-term challenges. Private sector banks offer compelling valuations.