ETMarkets PMS Talk | A cooling—not a collapse—of the AI trade could be a tailwind for Indian equities: TrustLine CEO

N. ArunaGiri, CEO of TrustLine Holdings, said a measured cooling of the global AI trade could redirect foreign capital toward fundamentally strong Indian businesses with attractive valuations, while a disorderly unwind would hurt markets. TrustLine's PMS strategy has delivered a since-inception CAGR of 16.4%, driven by a margin-of-safety approach and high-conviction contrarian bets made during the September 2024 correction that are now paying off. ArunaGiri noted that the Indian market is shifting from macro-driven to bottom-up stock-specific opportunities, favouring companies with improving earnings momentum.