Daily Voice: US trade deal lifts mood, but this MD says earnings are the real trigger
On the retail side, many new investors who enter the market do not have the capacity to hold or patience if they do not see returns for a year or two. That is already showing up in lower trading volumes in recent months, said Raghvendra Nath.
Interview: Budget reassures on fiscal math, manufacturing; earnings growth key for markets over next 12–18 months, says Rahul Singh of Tata AMC
The ongoing results season has offered some comfort on earnings stability, with the potential for recovery in FY27. Valuations are supportive, both absolute and relative to other EMs, but earnings delivery will drive flows, said Rahul Singh of Tata AMC.
MC Interview | Strategy-first Budget builds domestic base; US trade deal lifts India in global supply chains: Sonam Srivastava
The India–US deal reinforces India’s credibility as a reliable manufacturing and export partner at a time when global companies are actively diversifying supply chains, said Sonam Srivastava.
Daily Voice | Post-US BTA, India clears 70% export deals; FIIs urged to reassess underweight: Trideep Bhattacharya
With most macro overhangs now largely behind us, investor focus is likely to shift toward earnings progression across sectors in India, said Trideep Bhattacharya.
Chartist Talk: Sustained close above 25,750 post gap-up could revive medium- to long-term bullish trend in Nifty; Ashish Kyal picks 5 stocks
Buying on dips offers a superior risk-reward, while avoiding aggressive trades into the gap and keeping leverage low is advised, said Ashish Kyal.
MC Interview: US-India trade deal boosts earnings visibility for select sectors, says Artha Bharat founder
According to Sachin Sawrikar, the impact of the India-US trade deal is likely to be incremental and sector-specific rather than a sweeping catalyst for overall earnings growth.
India-US trade deal Impact: Narnolia's Shailendra Kumar anticipates multi-year re-rating in engineering, auto components, textiles, jewellery
India- US trade deal secures a massive price advantage for our engineering, textile, and pharma sector, said Narnolia's Shailendra Kumar.
Chartist Talk: Nifty to open directly in 25,600–25,700 resistance zone today; Milan Vaishnav bets on 3 India–US deal-linked stocks
It would be crucial for the markets to go back inside the original 500-point trading zone created between 26,200 and 25,700. If this happens, then the primary trend would stay intact, said Milan Vaishnav.
Daily Voice: FEMA simplification, PIS expansion in Budget unlikely to spur global inflows; FIIs seek stronger growth visibility, says Valtrust founder
One important takeaway is that the government appears done with direct tax tinkering for now. There are no fresh giveaways or populist tax cuts, which enhances predictability and reduces uncertainty for both domestic and global investors, said Arihant Bardia of Valtrust.
Daily Voice | Budget constructive, not an immediate catalyst for BFSI: Right Horizons’ Anil Rego
In the context of a sharp market correction and elevated global uncertainty, the government has struck a balance between supporting growth and maintaining fiscal credibility, said Right Horizons' Anil Rego.
Post-Budget, overweight on energy transition theme, power, banks, infra NBFCs, says OmiScience's Vikas Gupta
The budget showcased an economy which has fiscal discipline and is likely to become the 3rd largest economy in the world within the next couple of years, said OmiScience's Vikas Gupta.
Chartist Talk: Sudeep Shah bets on Indus Towers, Nestle India, City Union Bank for Budget day
Looking ahead, volatility is expected to pick up sharply over the next 2–3 sessions, with the Union Budget 2026 scheduled to be presented by the Finance Minister on February 1.
Daily Voice: 'Continuity, discipline' and why FIIs are still on the fence
A credible path for fiscal consolidation, alongside targeted social spending, would reinforce macro stability and investor confidence, said Ross Maxwell.
Daily Voice: Union Budget to address geopolitical complexities within fiscal constraints, says Gautam Duggad
If the budget is able to channelize expenses in right areas such as productive capex or demand stimulation rather than transfer payments or administrative expenses, the market will respond positively, said Gautam Duggad.
Daily Voice: Union Budget must reassure markets on growth support without sacrificing fiscal discipline, says INVasset’s Anirudh Garg
A broad, consumption-oriented stimulus in Union Budget cannot be completely ruled out, but it is unlikely to be aggressive or front-loaded,said INVasset’s Anirudh Garg.
Daily Voice: This CIO flags Budget triggers that could spook Dalal Street
Deepan Kapadia believes earnings recovery appears gradual but increasingly broad-based. December quarter results indicate margin stabilisation and improving demand in financials, industrials, and select consumption segments.
Daily Voice: Capex continuity and fiscal credibility reassure more than aggressive Budget stimulus, says Amnish Aggarwal
Given the global geopolitical backdrop, investors are not expecting aggressive stimulus. Instead, clarity on capex continuity, sectoral incentives, and fiscal credibility would be more reassuring, said Amnish
Daily Voice: Budget no catalyst; earnings growth key for equities in 2026, says Naveen Kulkarni
The current expectations are of double-digit earnings growth in 2026 as the base is low. If earnings growth trajectory undershoots then Indian equities will derate further, said Naveen Kulkarni.
Daily Voice | Market correction may spark multi-year bull run if Budget boosts infra and consumption: Himani Shah
India must achieve a ‘Golden Mean’ between fiscal prudence and growth-focused stimulus in Union Budget, said Himani Shah of Alchemy Capital Management.
Daily Voice | Don’t expect major tax-structure changes in Budget; earnings outlook cautiously optimistic, says Client Associates co-founder
Unless earnings growth improves meaningfully and catches up with expectations, there remains scope for further time correction or price correction in overvalued mid cap stocks, said Rohit Sarin of Client Associates.
Chartist Talk: Nifty 50 may face more downside, says Sudeep Shah; four stocks bullish, HUL in focus
Momentum indicators remain weak, with the weekly RSI hovering around the 45 mark—its lowest level since April 2025—and trading below its 9-week average, signalling persistent downside momentum in Nifty 50, said Sudeep Shah.
Daily Voice: Budget may see 11–13% capex increase, RBI to prioritise liquidity support in Feb, says Equentis' Jaspreet
The Union Budget is likely to be reform-oriented, though within tight fiscal constraints, said Jaspreet Singh Arora of Equentis Wealth.
Daily Voice: FIIs won’t return till earnings catch valuations; budget capex jump unlikely, says Kotak Life CIO
In the current environment, steady reforms combined with clearer earnings visibility will be crucial for reviving foreign investor participation, said Kotak Life's Radhavi Deshpande.
Daily Voice: Sustaining high capex on hard infrastructure, digital systems, advanced manufacturing essential to drive 7-8% GDP growth, says Lighthouse's Prosenjit Ganguly
Prosenjit Ganguly expects overall growth trajectory will continue to be well supported & tread a path of above par economic growth irrespective of intermittent shocks
Daily Voice: Budget support likely for realty; small caps to rebound, says Pankaj Pandey
Real estate’s ripple effect on more than 200 other allied industries such as cement, steel, building materials, services, logistics, etc has the ability to create millions of jobs directly and indirectly, said Pankaj Pandey.
