Market Interviews

Market volatility from the West Asia conflict may keep equities in risk-off mode, but a sharp downgrade to India Inc's earnings would require sustained oil shock, says Dhiraj Relli of HDFC Securitie

Personally, as an experienced investor, I would allocate more to mid, small-caps; if India grows faster than the world, these companies should grow faster too, said Kailash Kulkarni, CEO, HSBC MF.

Strategy for 2026, he said, is shifting toward sectors with a probable growth visibility such as Banking, Consumer, Resources and Manufacturing.

Selective IT services companies with strong digital portfolios, diversified clients, and disciplined cost structures could indeed present a contrarian opportunity, he said.

In India, equities are often a long-term wealth creation product and flows typically normalise once volatility stabilises, Upadhyaya said.

Oil prices, Rogers said, could definitely cross $100 a barrel again, especially if the geopolitical developments continue.

Agarwal outlines why the next cycle will reward quality over quantity and which sectors are best placed to attract capital

Tuhin Kanta Pandey outlines Sebi's focus on trust, transparency and data-driven regulation as it reassesses F&O risks and market governance

Sunny Agarwal of SBI Securities said that going ahead, the financial services sector will lead, which includes banks, both public sector (PSU) and private

Globally, investor sentiment has shifted to extreme fear, leading to reduced risk appetite and capital rotation into safer assets such as precious metals, says Gracy Chen, CEO, Bitget

ICICI Securities' Pankaj Pandey says markets may need time to adjust to the new STT regime but sees strong FY27 earnings and midcap outperformance

The next phase of returns in Indian equities will be increasingly driven by companies demonstrating strong earnings visibility, says Sandeep Neema of PL Capital

After prolonged underperformance, India is regaining appeal among emerging markets as trade overhangs ease, foreign inflows return, and earnings show early signs of recovery

FY27 earnings growth could be broader, with mid and smallcaps leading the upside, while AI fears around IT stocks are overdone, says Centrum Broking's Jignesh Desai

Bhasin says valuations of SMIDs relative to largecaps are still expensive and need to converge

Indian equities may stay range-bound unless earnings revive or valuations turn more attractive, says UBS, noting moderation in FPI selling but limited near-term upside

The markets were looking for a reason to rally, and they have got it now in the form of India-US trade deal. Once analysts and investors settle down, they will ask more questions (on the deal)

Axis MF CIO Ashish Gupta says global markets are defying old correlations, while India lags for now but looks better placed in 2026 on earnings and valuations

From a purely market standpoint, India-EU trade deal is a positive step and clearly in the right direction, Shah said

Market leader UltraTech Cement's Q3FY26 results beat consensus. Consolidated operating profit grew 35 per cent Y-o-Y to Rs 3,920 crore