India’s market outlook is positive, driven by cooling geopolitical tensions and falling crude oil prices, according to UTI AMC’s V Srivatsa. He highlights largecaps, particularly private sector banks, as offering better value than expensive midcaps. While foreign investors are focused on AI plays, Srivatsa anticipates a gradual return to India. He also maintains a contrarian view on largecap IT stocks, seeing them as undervalued for patient investors.