Daily Voice: Too early to call a bottom, says Bay Capital's Nikunj Doshi; foreign flows unlikely to return to India soon
Considering input price inflation across various sectors, RBI in the April policy meeting will increase inflation forecast and will marginally cut growth estimates for economy,
Daily Voice: Indian equities could rally into FY27 if Iran conflict ends this month, says Waterfield’s Vipul Bhowar
The transition from panic to recovery is expected to be volatile, implying that the first quarter of FY27 may still see turbulent sideways consolidation before a sustained rally, said Waterfield's Vipul Bhowar.
Daily Voice: Anand Rathi’s Pradeep Gupta spots opportunities in consumption, financials and industrials; urges selective bets
On the domestic side, the key risk would be any delay in earnings normalisation in sectors where expectations have run ahead of delivery, as well as pockets of elevated valuations, said Pradeep Gupta of Anand Rathi.
Chartist Talk: Crude oil’s next leg of upside hinges on a break above $120–123 a barrel, says Ashish Kyal
Ashish Kyal believes the low of 22,180 is going to be crucial for Nifty 50 because, if one looks at the weekly timeframe chart, this is the same level that was seen during May 2024. A very important base formation also happened in this zone in March 2025.
Daily Voice | US-Iran war extends into June quarter: What could shape market outcomes? Puneet Sharma of Whitespace Alpha explains
If tensions persist in May 2026, the impact begins to transmit into macro variables. Elevated oil prices start reflecting in inflation expectations, currency pressures remain, and financial conditions tighten, said Puneet Sharma of Whitespace Alpha.
Chartist Talk: Is Nifty 50’s bearish momentum losing strength? Is Nifty IT’s pullback rally set to continue next week? Sudeep Shah answers
The 22,900-23,000 zone remains a key resistance band for the Nifty 50 next week, however, a decisive break below 22,350 would indicate a continuation of the downtrend, potentially dragging the index towards 22,200 and even 22,000, making this a crucial make-or-break zone in the near term, said Sudeep Shah of SBI Securities.
Daily Voice: RBI may raise rates by 25–50 bps in FY27 if energy-driven inflation persists; capex decisions could be delayed due to Iran war uncertainty, says Client Associates' Himanshu Kohli
As per the latest round of rhetoric, it appears the war could extend further, and the resolution is unlikely in the immediate term, said Client Associates' Himanshu Kohli.
Daily Voice: Deploy capital in a calibrated manner despite West Asia uncertainty; Narnolia's Shailendra Kumar highlights attractive sectors
A large part of India’s quality universe is domestic consumer-facing, and if the monsoon remains favourable this year, we expect a meaningful demand revival across several of these businesses, said Narnolia's Shailendra Kumar.
Daily Voice: Markets likely to recover steadily post definitive resolution to US-Iran conflict; no broad-based earnings downgrade in FY27, says Abakkus MF's Sanjay Doshi
Sanjay Doshi remains enthused by opportunities in renewable and non-fossil-based segments along with equipment suppliers for grid expansion and upgrades.
Chartist Talk: Past data show the Nifty tends to bottom out in early April. Will the Iran war make this time different? Akshay Chinchalkar explains
Unless the index gets a bullish candlestick with immediate follow-through, the trend, for now, is down and the April 2025 low has a high likelihood of being tested, Akshay Chinchalkar said.
Daily Voice: Bear market bounce likely until Strait of Hormuz clarity; RBI seen revising risk commentary next week, holding rates till 1HCY27, says Divam Sharma
FIIs have pulled out over Rs 3.17 lakh crore from Indian equities in FY26 already. Domestic sentiment may hold up for a bit on SIP flows and retail enthusiasm, but a genuine, broad-based upmove? That requires clarity on Hormuz. Until then, any rally will be a bear market bounce, not the start of a new leg, said Divam Sharma.
$1 billion a day war bill: Why markets, not politics, may decide when the conflict ends
While the Nifty trades at around 17x 12-month forward EPS, the risk of EPS downgrades has increased; hence, valuations remain expensive despite the correction, said Jitendra Gohil.
Daily Voice: Avoid bottom fishing at the index level; deploy cash selectively in these two sectors, says Siddarth Bhamre
No resolution to West Asia crisis can lead to earnings downgrade which eventually will remove the cushion on valuations which was created due to fall in stock prices, said Siddarth Bhamre.
Chartist Talk: Will Emcure Pharma, HEG, Graphite India, and Anthem Biosciences extend Friday’s rally? Sudeep Shah explains
Given the current price structure and prevailing trend, Sudeep Shah continues to recommend a “sell on rise” strategy, as any short term pullbacks are likely to remain corrective in nature rather than mark the beginning of a sustainable trend reversal.
Daily Voice: India unlikely to be worst hit even in an Iran war–led global recession, says TCG AMC's Shahzad Madon
Post-war rebuilding in the Middle East can unlock significant infrastructure opportunities, particularly through large-scale government-led reconstruction, said TCG AMC's Shahzad Madon.
West Asia war to hit India Inc earnings beyond Q1 FY27; 2026 may stay a sideways market: Robin Arya
With continuous absorption from DIIs and domestic flows, Robin Arya does not see a classic “crash” or a full-blown panic playing out at the index level.
Daily Voice: India’s FY27 growth story is intact despite Middle East tensions, says Qode’s Gaurav Didwania
Oil can certainly spike on supply fears, but unless there is a prolonged and meaningful disruption to physical supplies, prices may not sustain at levels that derail global growth, Gaurav Didwania of Qode Advisors said.
Chartist Talk: Is Nifty’s technical rebound still alive? Milan Vaishnav says 24,000 is possible, bets on these two stocks
If the Nifty 50 consolidates, Milan Vaishnav expects the 23,000 level to stay defended.
Daily Voice: Iran de-escalation remains highly uncertain; near-term market view stays cautious, says OmniScience's Ashwini Shami
From a longer-term perspective, a nearly two-year price correction and a sharp fall of around 15 percent in recent weeks have increased the attractiveness of Indian equities, said OmniScience's Ashwini Shami.
According to him, the current Middle East crisis is expected to have a limited impact on the long-term earnings potential of Indian listed companies, as most of them are focused on the domestic economy.
Daily Voice: India structurally attractive if Iran war de-escalates, earnings visibility improves: Edelweiss MF’s Trideep Bhattacharya
Edelweiss MF's base case still assumes oil moderates if conflict de-escalates. Strategic stock releases by the International Energy Agency and temporary sanctions flexibility on Iranian cargoes are already acting as stabilizers, said Trideep Bhattacharya.
Daily Voice: Recession odds rise but aren’t base case; growth could turn fragile if Iran crisis persists, says Marcellus’ Arindam Mandal
In the near term, risk-off sentiment can persist simply because visibility is low. Markets are still trying to assess whether this is a contained disruption or something more prolonged, said Marcellus' Arindam Mandal.
Sell-on-rise market? SBI Securities sees Nifty under pressure, picks two stocks for the week ahead
On the charts, Nifty faces strong resistance at 23,345–23,380, and until this zone is decisively breached alongside improvement in FII positioning, the broader undertone is likely to remain cautious with a sell-on-rise approach, said Sudeep Shah.
Daily Voice: Why RBI may avoid a rate move in April despite strong domestic macros
Overall, RBI MPC's stance is likely to be ‘pause with readiness to act’, rather than any immediate shift towards easing, said ALF Accurate's Rajesh Kothari.
Daily Voice: Why Baroda BNP Paribas MF's Jitendra Sriram is betting on utilities, healthcare, and consumer stocks in a turbulent market
Markets are clearly in an uncertain frame given the breakout of hostilities in Iran. What is most critical from an India point of view is the “new normal” for crude, said Jitendra Sriram of Baroda BNP Paribas Mutual Fund.
Global stagflation, rupee stress, volatile stocks: Mavenark’s Ponangi maps the big CY26 risks
The current Middle East crisis, if it persists over the next 3-4 months, will create a multi-year buying opportunity, said Mavenark's Phanisekhar Ponangi.
