BlackRock strategist turns bullish on India as valuations reset and sentiment improves

BlackRock’s Asia-Pacific chief investment strategist Ben Powell expressed renewed optimism on Indian equities, noting that valuations have reset and US-India trade tensions have eased. Powell highlighted that geopolitical adjustments, strong macro fundamentals, and improving Q2 earnings provide room for selective upside. He recommended investors lean toward active fund strategies, given the current dispersion across sectors impacted by technology supply-chain shifts and global uncertainty. According to Powell, India remains one of the most structurally resilient emerging markets with favorable demographics and diversified growth drivers.