New Delhi, Oct. 17 -- Expert view on Indian stock market: Nandish Shah, AVP - PCG Research and Advisory (Fundamental), Wealth Management, Motilal Oswal Financial Services, says the outlook for Indian equities in Samvat 2082 is positive. In an interview with Mint, he said he expects FIIs to come to Indian markets as corporate earnings recovery gains traction from Q3FY26 onward, and growth broadens across sectors. Here is an edited excerpt of the interview:

The outlook for Indian equities in Samvat 2082 appears positive, supported by an impending earnings recovery, reasonable valuations, and resilient domestic flows.

Nifty earnings grew about 5 per cent in FY25 and are expected to rise around 8 per cent in FY26, marking the bottom of this...