New Delhi, July 23 -- India's equity markets are likely to continue benefiting from structural shifts in the global economy as rising geopolitical tensions, supply chain realignment and a renewed focus on domestic manufacturing create long-term opportunities across sectors such as capital goods, defence, energy, healthcare and financial services, according to a report by ICICI Securities.

The report said the global economic landscape has undergone a structural shift over the past decade, moving away from the era of unrestricted globalisation towards a "new world order" marked by elevated geopolitical risks and inward-looking economic policies.

Despite these changes, the report noted that global trade has remained resilient. "Global trad...