New Delhi:Despite mounting risks from rising crude, a weaker rupee, India’s growth mo-mentum continues to remain robust, with Q3 GDP expanding by 7.8 per cent and full-year FY26 growth projected at 7.6 per cent, healthy private consumption growth and manufacturing push, a report said on Thursday.

The recent market corrections created a favourable valuation backdrop, with the Nifty trading at a 5.6 per cent discount to its five-year average PE, enhancing the medium-term risk-reward for investors, the report from PL Asset Management, the asset management arm of PL Capital Group said.

Sectoral winners included metals, energy, pharma, industrials, autos and public sector bank financials, while IT underperformed, it said, adding that gold remains a key allocation hedge.

“While near-term volatility may remain high, such corrections typically reset markets and create attractive entry opportunities for long-term investors through calibrated value buying,” the report noted. The firm forecasts the India–US tariff reduction, progress on the India–EU FTA, and the government’s Rs 12.2 lakh crore infrastructure push under Budget 2026 to boost export competitiveness, unlock new growth avenues, and accelerate the domestic capex cycle, reinforcing India’s medium-term growth outlook.