Profit pools are shifting; Motilal Oswal’s Gautam Duggad maps where the next winners will emerge

Indian equities are poised for growth after 15 months of stagnation, according to Motilal Oswal’s Gautam Duggad. Improving earnings, stabilising valuations, and policy support are creating a strong foundation. The market has seen a shift from staples to discretionary consumption and new-age tech, with investors advised to stay invested and maintain disciplined asset allocation.