New Delhi, June 19 -- Indian equities are navigating a complex mix of artificial intelligence-led disruption, shifting global capital flows and lingering geopolitical uncertainty.

In this conversation with Mint, Rahul Singh, CIO-equities at Tata Mutual Fund, discusses where markets could be headed, the sectors best positioned to benefit from current trends, the outlook for foreign flows, and what investors should be doing in the current environment.

Markets have been dealing with two major headwinds: AI-related risks for India and geopolitical tensions, which impacted the current account deficit and the rupee. The geopolitical situation appears to be improving, and the worst may be behind us. That is a relief for corporate earnings.

Ho...