Siddarth Bhamre, Head of Institutional Research at Asit C. Mehta Investment Intermediate Ltd, outlined investment strategies for FY27, highlighting the resilience and growth potential of the renewable energy and defence sectors. He noted that these sectors are likely to benefit from structural tailwinds and policy support. In contrast, infrastructure and gas distribution sectors, which have recently faced significant corrections due to geopolitical tensions in West Asia, could present high-risk, high-reward opportunities as the macroeconomic environment stabilizes. Bhamre pointed out that the Indian stock market has experienced a decline of just 5% in FY26 despite various shocks, including tariff announcements and the ongoing conflict in West Asia. He emphasized that a quick resolution to the conflict and a drop in energy prices could trigger a market reversal. Additionally, he mentioned that the rupee's stability against the dollar is vital for restoring foreign investor confidence. While gold and silver have performed well, their recent volatility may pose risks to portfolios. Overall, Bhamre believes that while India's valuations are improving, ongoing geopolitical issues and earnings challenges may hinder immediate attractiveness compared to other markets.