• Crude oil outlook: Historical data across 14 instances over 55 years indicates prices fall 28% to 30% within a year in 12 cases, supporting expectations that oil will decline by 20% to 25% from $110 to an annual mean of $85–$87.
• Government capex themes: Investment recommendations for the next 6 to 12 months focus on heavy domestic government spending across infrastructure (₹11 lakh crore), defense (₹1.7 lakh crore), agriculture (₹3.25 lakh crore), and manufacturing (₹86,000 crore).
• Gold reduction campaign: Anand Rathi has launched a campaign encouraging its 13,800 client families to sell 100 grams of gold each to help eliminate India's $75 billion annual gold import burden, citing gold's lower 10-year rolling return of 8.4% compared to equity funds.
• Equity allocation strategy: Investors are advised to maintain exposure to small-cap, multi-cap, and flexi-cap funds, supported by the fact that foreign ownership in the NSE Smallcap 250 has remained stable at 22% over the past six years.