New Delhi, Oct. 10 -- Indian equities have become more attractive following a sharp valuation correction, with Motilal Oswal Financial Services (MOFSL) said in a recent report.

The brokerage expects earnings growth to remain healthy despite global uncertainties, although it cautioned that stock selection will be crucial as market performance increasingly depends on individual companies' earnings trajectories.

MOFSL expects aggregate profit after tax across its coverage universe to grow 22% year-on-year in the September 2026 quarter, marking the highest growth in 11 quarters. Excluding oil marketing companies, earnings are projected to rise 24%, while Nifty-50 earnings are expected to increase 27%.

"India's ongoing market consolidation,...