New Delhi, March 19 -- The Indian equity markets gained for the third straight session on Wednesday, March 19. This comes after a sharp correction in recent months, with the Nifty-50 declining by approximately 16 per cent since September 2024.

In a recent note, brokerage house Motilal Oswal Financial Services (MOSL) believes that despite the recent turbulence, several indicators point toward a potential rebound. With easing valuations, fiscal and monetary support, and promising growth prospects for FY26, the Indian equity market offers selective investment opportunities.

According to MOSL, the Nifty 50's 16 per cent decline since September 2024 is in line with the median drawdown of 17 per cent seen in previous correction phases over th...