New Delhi, July 29 -- The Indian economy has remained resilient in recent months despite an uncertain global macroeconomic environment, with high-frequency indicators pointing to a broad-based recovery across sectors and a sharp rise in industrial credit signalling a revival in private sector investment, according to a report by Kotak Institutional Equities.

The report said the economy has continued to hold up well despite headwinds from geopolitical tensions in West Asia and weather-related risks, with manufacturing, construction, services, consumption and labour market indicators largely showing steady or improving trends.

"The Indian economy seems to be holding up rather well in the current uncertain macroeconomic environment, with m...