India continues to demonstrate resilient growth despite global uncertainties, according to PL Wealth, the wealth management arm of PL Capital (Prabhudas Lilladher). In its Market Outlook for September 2025, the brokerage firm has highlighted low inflation, stable macroeconomic conditions, and sustained policy reforms as key drivers supporting India’s long-term equity prospects.

PL Wealth said India’s GDP for Q1 FY26 surprised on the upside at 7.8% year-on-year, surpassing expectations of 6.9%. Strong manufacturing activity, front-loaded government capital expenditure, and favorable deflators contributed to this performance. The GST rationalization implemented in September 2025 is expected to further lift growth by 0.2-0.3%, spur consumption, and ease inflationary pressures. Adding to the

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