Rajeev Agrawal backs Indian cyclicals as AI trade sidelines India in global markets

AI leaders like Korea benefit while India trails

Market expert Rajeev Agrawal says global equity flows are increasingly concentrated in AI-related winners, notably semiconductor-heavy economies like Korea, while India’s exposure remains limited. He also flags the impact of higher crude oil and West Asia geopolitical tensions, though he expects gradual easing. For investors, he prefers domestic-oriented Indian cyclicals, especially renewable energy and financials, for steadier returns.