Indian equity markets have rebounded following underperformance in the first quarter. The Nifty50 has increased over the past two months, gaining around 950 points or 5.5%. Despite the Reserve Bank of India’s move to halt its rate-hiking cycle, the real threat to Indian equities comes from global headwinds affecting inflation. Analysts believe it may be a "stock-pickers market" and investors should place emphasis on robust business models and low debt, as well as strategic allocation. Experts recommend a ‘perfect balance’ should be maintained, unique to each individual’s risk appetite.