'Earnings will make a comeback in the second half of 2025'

The Indian equity market remains in turmoil, largely due to Trump's tariffs and ongoing geopolitical tensions. Due to such uncertainties, Bhavesh Jain, co-head of factor investing at Edelweiss Mutual Fund, believes the market will rebound only in the second half of this year. He anticipates a structural recovery driven by a robust earnings rebound during that period. Jain also highlights that the benefits of RBI rate cuts, favourable crude prices and a rise in capex will only be reflected in the latter part of 2025, which is expected to fuel market recovery.