New Delhi, Oct. 6 -- This phase, where the Indian stock market mostly moves sideways without any significant swings, could continue for several months, says D. P. Singh, deputy managing director and joint chief executive officer, SBI Mutual Fund, which oversees more than Rs.12 trillion in assets, including about Rs.9.15 trillion in equities as of 30 September.

He said that it is difficult to predict the momentum of Indian equities for the rest of the fiscal year because there are numerous critical factors and uncertainties, including geopolitical setbacks.

"If there's a reason for concern that results in better valuations, I see it as an opportunity to deploy more capital into the markets."

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We think Indian equity mark...