Corporate earnings are expected to gain momentum in the second half, potentially leading to a valuation re-rating phase for Indian equities. According to a report by OmniScience Capital, this could be an opportunity for investors. The investment firm suggests viewing the current stock market consolidation as a chance to accumulate, rather than chasing stocks with strong returns.

Certain sectors are identified as potential opportunities, including those benefiting from capital expenditure, energy transition, and infrastructure development. Banking and financial services, as well as power and business services, are also noted.

Further details on the report's findings are available, including insights on foreign investor activity and the outlook for Indian equities.