Market Outlook

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

AI capex boom may keep India markets under pressure as global funds shift to semiconductor-heavy markets like Taiwan and Korea, says Christopher Wood of Jefferies

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

Goldman Sachs sees AI, India and China as top emerging market bets for 2026, citing earnings rebound in India, export strength in China

Q3 review: For FY26E, JM Financial expects the bulk of earnings support to come from oil & gas, metals & mining, telecom and NBFC

Kotak anticipates FY2027E and FY2028E net profits of the Nifty50 Index to grow 16 per cent and 15 per cent after a muted 8 per cent growth in FY2026.

The reduction in US tariffs and the interim trade deal framework are set to significantly boost India's export competitiveness, said Subhash C. Aggarwal

Despite the sharp volatility, the Nifty is seen holding above the 20-DMA and 200-DMA on the technical charts; analysts see 25,500 as the key support for now.

UR Bhat, co-founder & director, Alphaniti Fintech says the trade deals have cleared the air as regards the EU and the US stance, and expects the market to react to finer details of the India-US deal.

Brokerages analyse the India-US interim trade deal, flagging key risks, tariff implications, rupee outlook and potential impact on Indian markets and the Nifty

Nifty will likely head back to 26,500 and settle there as focus returns to earnings, analysts at Bernstein said in a note

Sector-wise, Financials, information technology (IT), and Telecom, they said, are the ways to participate in the market rebound

Budget 2026 balances fiscal discipline with capex-led growth. Vinay Jaising explains what it means for the common man, taxes, states, and what more could have been done by FM Nirmala Sitharaman

Budget 2026 focuses on job creation, capex-led growth, manufacturing depth and policy continuity, while maintaining fiscal discipline and long-term earnings visibility, writes Anand Shah

Union Budget 2026-27 presents a credible and pragmatic fiscal framework amid global uncertainty, but markets sold off as heightened expectations and a surprise STT hike weighed on investor sentiment

Budget 2026 focuses on fiscal discipline, capex-led growth, manufacturing, and AI investments, signalling a strategic shift to make India future-ready, says Jitendra Sriram

The key message from the Budget is clear: fiscal consolidation will continue alongside growth, supported by responsible financial management

Besides Wood, analysts at Bernstein and UBS, too, have reiterated their cautious stance on Indian equities. Those at Bernstein cut their rating on India to 'neutral'

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

India's structural story (demographics, digitisation, manufacturing) is intact despite tactical noise, said Mehta