Indian markets have crossed all-time highs on continued optimism regarding good earnings growth, a strong economy as well as Total flows that have touched US$50bn for FY24 (of which approx. $2bn a month have been domestic SIPs). We continue to remain highly positive on the continued outlook for the Indian economy and markets, and expect the momentum to continue with more vigour for the remainder of 2024, especially post the anticipated return of the present government in June.