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Oil Volatility, FPI Flows & Emerging Domestic Themes: Positioning for Alpha -May 2026

Summary On 01-May-2026, Prateek Agrawal, Motilal Oswal Asset Management highlights oil-driven macro pressure, FPI outflows, and forex stress weighing on markets. Easing crude supports sentiment, while domestic themes-EVs, defense, renewables, and manufacturing- offer alpha opportunities amid modest earnings recovery. Key Takeaways Fundyantra Insight Macro stress is concentrated in oil-while micro-opportunities are shifting toward structural domestic themes, creating a clear divergence for alpha generation Mutual fund investments are subject to market risks. Read all scheme-related documents carefully.

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