At the recent PL Alpha: India View webinar, brokerage firm Prabhudas Lilladher (PL Capital) emphasized the need for investors to navigate a volatile market shaped by geopolitical tensions involving the US, Israel, and Iran. Co-Head of Institutional Equities, Amnish Aggarwal, noted that while India has shown resilience, rising crude prices could lead to inflationary pressures that might impact growth and earnings expectations. The advisory team, led by Vikram Kasat, highlighted a shift towards high-conviction, theme-driven investments, focusing on sectors like logistics, ethanol, and healthcare. New-age themes such as artificial intelligence and robotics are also gaining traction, indicating a transition from cyclical to structural investing. The technical outlook suggests a range-bound market, with selective momentum across sectors, particularly in metals, banks, and autos. Experts recommend a defensive posture in pharmaceuticals and utilities while considering cyclical plays in capital goods and infrastructure. Overall, PL Capital's strategy encourages investors to remain cautious yet opportunistic, emphasizing quality and diversification in their investment choices.