News Summary

• Indian equities are poised for fresh highs, driven by strong earnings and sector-specific momentum, particularly in financials and manufacturing.
• Ashish Chaturmohta highlights banking, capital goods, and manufacturing stocks as key drivers, with midcaps and smallcaps expected to outperform.
• Promising themes include EMS, defence, and contract drug manufacturing, with specific stock recommendations like CG Power, Angel One, Siemens Energy, Amber Enterprises, and Eicher Motors.
• The downside appears limited after an extended period of underperformance.