Any positive development on the US trade deal could act as a catalyst to trigger a reversal in sentiment for Indian equity markets in 2026, said Himanshu Kohli.
Stocks to Watch, 16 December: Stocks like Senores Pharmaceuticals, Arvind SmartSpaces, Ion Exchange India, Zydus Lifesciences, Solex Energy, Westlife Foodworld, Atlantaa, KNR Constructions, Delhivery, B L Kashyap and Sons, Intellect Design Arena, HCL Technologies, RBL Bank, and Geojit Financial Services will be in focus on December 16.
In current month, the net selling by FIIs was Rs 21,074 crore, whereas the DIIs completely compensated the said FII outflow, net buying at Rs 41,762 crore.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front
FIIs aggressively sold calls during the recent decline, resulting in an all-time low reading in the data. Historically, after similar events since August, the market has rebounded
Pradeep Gupta of Lighthouse Canton expects the government to announce additional reforms in 2026 to keep the growth engine strong going forward.
Gold steadied following four days of gains, after the conflicting remarks from Fed officials prompted traders to curb bets on further monetary easing in the US next year.
Looking ahead, markets face a packed calendar of economic data and central bank decisions, keeping volatility elevated.
In the current week, starting from December 15, the market is expected to be ranged amid possible volatility with focus on further updates related to India-US trade deal progress, US retail sales, and central banks interest decision.
Stocks to Watch, 15 December: Stocks like Wipro, Dr Reddy's Laboratories, SMS Pharmaceuticals, Aurobindo Pharma, ESAF Small Finance Bank, NLC India, Ashoka Buildcon, KEC International, Bharat Electronics, Astra Microwave Products, One 97 Communications Paytm, Refex Industries, and Brigade Enterprises will be in focus on December 15.
Nifty Defence index shed 3 percent, while Nifty Media, Nifty PSU Bank, Nifty IT, Nifty FMCG fell between 1-1.7 percent
Currently, the Nifty 50 is trading above both its short- and long-term moving averages, with these averages beginning to slope upward — often an early indication of renewed directional strength, said Sudeep Shah.
If earnings stabilise and domestic liquidity stays healthy, 2026 still has room to surprise on the upside for the market, said Nikhil Khandelwal.
Dinshaw Irani of Helios India does not like but loves the quick commerce space as this segment, given the under penetration, is expected to see exponential growth in the near future.
Forex traders said rupee is under pressure largely due to aggressive dollar purchases from importers amid surging global prices for precious metals
The big wildcard for 2026 is whether the war in Europe can end, delivering a major peace dividend for markets, said Stefan Hofer.
The Foreign Institutional Investors (FIIs) sold equities of over Rs 2000 crore on December 11, while Domestic Institutional Investors (DIIs) bought equities of more than Rs 3700 crore on the same day.
Stocks to Watch, 12 December: Stocks like Piramal Pharma, Infosys, Rama Steel Tubes, Firstsource Solutions, Kirloskar Ferrous Industries, Kansai Nerolac Paints, TRF, NBCC (India), Vedanta, RRP Defense, Honasa Consumer, Tata Power Company, Cyient, and Uflex will be in focus on December 12.
The rupee has fallen more than 5% against the dollar in 2025
Hindustan Zinc share price: The sharp rise pulled up the shares of promoter Vedanta as well, which gained nearly 2% in the morning trading hours of Thursday.
FIIs offloaded equities worth Rs 1,651 crore on December 10, while DIIs purchased equities of more than Rs 3,752 crore on the same day.
With inflation below the lower end of the RBI’s target range, another rate cut in 2026 cannot be ruled out, said Ashwini Shami.
Stocks to Watch, 11 December: Stocks like Tata Steel, Lloyds Metal and Energy, Ashoka Buildcon, Puravankara, Petronet LNG, Life Insurance Corporation of India, Prestige Estates Projects, Mazagon Dock Shipbuilders, Bank of Baroda, DCM Shriram, KEI Industries, Cipla, State Bank of India, SBI Life Insurance Company, and Luxury Time will be in focus on December 11.
FIIs continued their selling in this month as they sold equities worth Rs 3,760 crore on December 9, while DIIs bought equities of more than Rs 6,200 crore on the same day.
The trade deal with US has been anticipated by the markets for some time now since the additional tariffs in August 2025, said Karthikraj Lakshmanan.