Second half of 2026: Is the worst over for Indian stocks?

The first half of 2026 tested Indian markets with tariffs, geopolitical tensions, FPI outflows and volatile commodities. Yet, small- and mid-caps managed to outperform while IT struggled. So, what lies ahead for the rest of the year? Business Standard spoke to market veteran Ambareesh Baliga to understand the biggest market triggers, sectors to watch, FPI flows, and what retail investors should do in H2 CY2026.