India's Next Bull Run Won't Be Led By IT | Harshal Dasani at Moneycontrol

Harshal Dasani, Business Head at INVasset PMS, shares his views with Moneycontrol on the outlook for Indian markets, Q1 earnings, sectoral leadership, and why the next bull market may look very different from the last one. Harshal explains why Indian markets are gradually moving toward new highs despite global uncertainty. While the June quarter may reflect pressure from elevated crude prices and supply chain disruptions, he believes this could mark the bottoming phase before earnings improve in the coming quarters. The discussion also explores why India has underperformed global AI-driven markets, how the AI and semiconductor boom has benefited countries like the US, Taiwan and South Korea, and why India could become an attractive destination for global capital once that cycle matures. The conversation covers: -Q1 earnings outlook -Why Indian markets could make new highs -FII flows and India–US trade deal -AI's impact on IT companies -Why power, metals and water management stand out -Banking and financial sector outlook -Gold and silver outlook -The next phase of India's bull market Harshal believes the next rally is likely to be far more selective than previous bull markets, with quality businesses, strong earnings growth and structural themes leading the way. Disclaimer: This video is for informational and educational purposes only and should not be construed as investment advice, recommendation, solicitation, or an offer to buy or sell any security or financial product. The views expressed are personal opinions based on current market conditions and publicly available information and are subject to change without notice. Investors should consult their financial advisor before making any investment decisions. #Moneycontrol #IndianMarkets #BullMarket #Q1Results #PowerSector #Metals #HarshalDasani #INVasset #StockMarketIndia #AI #Banking #Gold #Silver #MarketOutlook #Investing