India may be the next big beneficiary as AI trade cools: Nilesh Shah on markets, flows & FY27 outlook

India may benefit as the global AI trade cools, says Kotak AMC MD Nilesh Shah. He explains why FPI flows could return, how dollar weakness, US tariff uncertainty and Fed policy shifts may impact markets, and why FY27 is likely to be the breakout year for earnings. Shah also outlines key reforms and government priorities to support growth.