Expert view, July 20 -- Nandish Shah, AVP-PCG Research and Advisory, (Fundamental) Wealth Management, Motilal Oswal Financial Services, is overweight on diversified financials, automobiles, new age tech platforms, manufacturing and industrials, and consumer discretionary sectors. In an interview with Mint, Shah said corporate earnings are expected to clock nearly 15% CAGR over FY28, despite temporary pressure in Q1FY27. Edited excerpts:

Geopolitical uncertainty has pushed the Indian stock market into another consolidation phase with higher volatility, with elevated crude oil prices and sharp foreign outflows continuing to weigh on sentiment.

Energy security is emerging as a major investment theme because power is becoming a central part...