•Ankur Jhaveri, MD & CEO of JM Financial Institutional Securities, advises caution due to fluid Iran-US tensions and potential global spillovers.
•He recommends prioritizing investments in strong domestic stories and adopting a 'risk-off' sentiment.
•FII flows are vulnerable, potentially pressuring Emerging Markets in the short term, with sustained flows needing de-escalation and corporate earnings revival.
•The US Supreme Court's ruling against 'tariff weaponization' is positive for EMs like India, despite Trump's new tariff threats.
•FY27 is projected as a strong year for the Indian economy with 7% real GDP growth and Nifty earnings growth of 12-16%.
