New Delhi, Feb. 19 -- Devarsh Vakil, Head of Prime Research, HDFC Securities, points out that the Indian stock market is steadily recovering, buoyed by resilient corporate earnings. "Optimism around trade deals with the US and EU is easing FPI outflows, boosting investor sentiment," he says. In an interview with Mint, Vakil discussed current market trends, his views on the IT sector, and sectors he is positive about. Edited excerpts:

Indian equity markets are steadily recovering from the lows hit on February 2, 2026, buoyed by resilient corporate earnings. Q4 FY26 results have surprised positively, with the pharma and consumer sectors posting double-digit growth amid cost efficiencies.

FY27 guidance points to sustained momentum, driven ...