INDIAN equity markets retain a positive long-term outlook, backed by a normal monsoon, sustained policy reforms, government capex, and the financialization of savings — which continue to underpin India’s growth trajectory, according to PL Wealth, the wealth management arm of PL Capital (Prabhudas Lilladher).

In its Market Outlook – September 2025, the report notes that India’s GDP for Q1 2025-26 surprised on the upside at 7.8 per cent yearon-year, aided by robust manufacturing, front-loaded government capex, and a favourable deflator, outperforming expectations of 6.9 per cent.

The outlook has been further buoyed by the GST rationalization effective September 2025, which is expected to lift growth by 0.2-0.3 per cent, spur consumption, and ease inflationary pressures.

ANI

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