New Delhi, Oct. 12 -- Indian equity markets are likely to become increasingly driven by corporate earnings, with companies demonstrating strong cash flows, sustainable earnings visibility and disciplined execution better positioned to navigate continued volatility, according to a research report by ICICI Prudential Asset Management Company (AMC).

The report said external risks, including tensions in West Asia, crude oil prices, global bond yields and foreign portfolio investor (FPI) outflows, could continue to influence market movements. However, domestic liquidity and resilient economic activity are expected to provide some support, making disciplined stock selection increasingly important for investment returns, ANI reported.

Indian e...