Broad rally coming? JM Financials Ankur Jhaveri sees earnings upgrade in FY27

Indias markets may be nearing the end of a 14-month consolidation cycle, with JM Financials Ankur Jhaveri predicting stronger earnings in FY27 and broader market participation ahead. Speaking at India Xchange 2025, he highlights opportunities in autos, data centres, EMS, healthcare, value retail and BFSI, while noting improving consumption trends and rising investor optimism.