Khemka: Indian Markets at Long-Term Averages, Financials & Healthcare Attractive

• Prashant Khemka of WhiteOak Capital Group believes Indian equity markets offer a comfortable entry point due to long-term average valuations.
• He notes the market has traded sideways for 15 months, is 5% below its peak, and is now a good time to deploy fresh capital.
• Khemka argues India's historical "follower" role in tech hasn't hindered long-term performance and could benefit from a global AI trade correction.
• Financial services are deemed attractive due to "peak pessimism" creating opportunities, strong asset quality, and steady growth.
• Healthcare, including pharma, hospitals, diagnostics, and CDMO businesses, is highlighted as another attractive long-term sector.

Why It Matters: Prashant Khemka sees Indian markets at comfortable valuations, favoring financials and healthcare for investment.