New Delhi, April 21 -- Indian equity markets declined more than 11% in March, pressured by the prolonged US-Iran conflict, which pushed crude oil prices higher and intensified inflation concerns.

However, a recent report by DSP suggested that the recent correction in Indian equities may be creating a favourable window for investors to gradually increase their exposure.

The report noted that valuations have cooled meaningfully, particularly in large-cap stocks, bringing them closer to long-term averages. DSP said that with the Nifty's price-to-earnings ratio falling below 20x and nearing its historical average, the market now sits between fair and average valuation zones, making incremental allocation more attractive.

DSP stated, "We ar...