New Delhi, Feb. 22 -- Indian stock markets will remain in the 'corrective to consolidation' phase for the next 3 to 4 months, according to a report by Motilal Oswal Wealth Limited.

The corrective phase refers to a period when stock prices decline or pull back after a strong rally, which happens when investors book profits or due to external economic factors.

On the other hand, the consolidation phase means the market is moving sideways, with prices fluctuating within a certain range but not making significant gains or losses.

In its analysis of the current situation of the equity markets, the report sheds light on the impact of the macroeconomic trends and policy decisions that affect the markets.

"One of the key shifts is the rise in...