New Delhi, June 3 -- Ajit Mishra, SVP of research at Religare Broking, believes defence and PSU sectors are well-aligned with India's structural growth and self-reliance goals, offering significant wealth creation potential. In an interview with Mint, Mishra shared his views on market triggers, mid and small-caps and sectors he is positive about. Here are edited excerpts of the interview:

We maintain a cautiously optimistic outlook for FY26, citing mixed signals from both domestic and global fronts.

After a sharp 15 per cent correction from September to March, benchmark indices have rebounded over the past two months amid heightened volatility, supported by favourable domestic policy developments and relative stability in global markets...