India’s medium term equity outlook remains constructive, with Jefferies forecasting an acceleration in MSCI India earnings growth to 13–14 percent in FY27, up from 8–9 percent in FY26. The improvement is expected to be led by domestic facing sectors such as banking, automobiles, and power, supported by stable consumption and capital expenditure trends. Despite foreign investor outflows and a near term earnings slowdown, the Nifty 50 index remains up around 9.5 percent year to date.