ETMarkets Smart Talk: Range-bound markets ahead; prefer mid & smallcaps as earnings pick up in FY27–28: Mohit Khanna

Indian markets are navigating cross-currents post-Budget and policy announcements, with volatility expected to persist. Mohit Khanna of PGIM India AMC anticipates range-bound movement in the near term but sees strong earnings growth accelerating in FY27-28. He favors a bottom-up approach, with a constructive outlook on mid- and small-cap equities.