Market Outlook

Indian company earnings so far for the September 2025 quarter show a mixed performance. Key sectors like financials and automotive showed robust domestic-driven performance, while export-oriented sectors like IT faced headwinds, said Devang Mehta.

Daily Voice: Corporate earnings rebound to power markets in H2FY26, says Prescient Capital founder; 4 sectors in focus

Sectors that were laggards in the last quarter such as Banking and Consumption have likely found their base and are expected to show better results in the coming year, aided by macro stimulus from the Government and RBI, said Sonal Minhas.

Chartist Talk: Bank Nifty may hit 59,000 this month, but 60,000 hurdle strong, says Nilesh Jain; eyes BPCL, JK Tyre

The Nifty Realty Index has formed a strong base and recently broke out from a rectangle pattern on the daily chart, indicating the potential for a follow-up move on the upside towards Rs 1,050 in the near term, says Jain

Daily Voice: Bay Capital’s Nikunj Doshi sees strong FII comeback in Q1CY26, bullish on digital-first firms

While the India–US trade deal will certainly add another layer of confidence, the near-term market focus remains on sustained earnings delivery and macro stability, said Nikunj Doshi.

Pro Market Outlook | Global events to dictate market direction

Despite the weekly pullback, it's important to recognise that this appears to be a minor correction rather than a trend reversal

Chartist Talk: Mild Nifty pullback likely before next rise; Foram Chheda bets on CSB Bank, Force Motors

Foram Chheda has a neutral to mildly bullish view for the equities ahead in November.

Daily Voice: Generali Central Life CIO Niraj Kumar sees early-stage banking rally, turns bullish on microfinance

Investor sentiment is increasingly optimistic, with the market recognizing that the earnings cycle is nearing its trough. Expectations of a rebound into double-digit growth suggest a favourable setup for sustained momentum and further upside, said Niraj Kumar of Generali Central Life Insurance.

Daily Voice: Larger healthcare sector continues to provide exciting opportunities for alpha generation, says TCG AMC Chief

The risks to the market are more likely to emanate from financial stress in major developed economies and global geopolitical tensions, Shahzad Madon of TCG Asset Management Company said.

Chartist Talks: Sudeep Shah remains bullish on these 3 PSUs, flags caution on Sagility

Sagility breached its previous high of Rs 56.40 but failed to sustain, forming a bearish engulfing candle on the daily chart — a potential reversal signal, Sudeep Shah said.

Daily Voice: ‘Bachat Utsav’ may fizzle out? Dhananjay Sinha warns of over-optimism in market assumptions

The ongoing result season is on expected lines, which is pivoted on weak demand scenario, margin pressure and companies working towards cost optimisation to keep profitability afloat, said Dhananjay Sinha.

Daily Voice: LGT's Stefan Hofer expects India–US trade deal before Christmas, sees sharp fall in US tariffs on Indian exports

Following another cut in the federal funds rate, Stefan Hofer believes the Federal Reserve could move again in December with an additional rate cut—especially if lower tariffs help ease inflationary pressures.

Daily Voice: ‘Black swan aside, India’s bull run stays intact,’ Vikas Gupta on what’s next for markets

On a PE basis, Lenskart does look expensive but one should look at what the normalized margins would be in future when growth has stabilized or as compared to some global or domestic peers and then see if on that basis what would be the normalized PE ratio.

Daily Voice: Constructive progress in trade talks key for indices to hit new highs in November, says Green Portfolio’s Divam Sharma

Divam Sharma remains optimistic about the market’s trajectory in November, expecting a healthy mix of momentum and selective sectoral strength to drive performance.

Daily Voice: Right Horizons' Anil Rego explains why he prefers staples over non-staples currently, constructive on auto and component plays

Meaningful appreciation in the rupee against US dollar is unlikely in the near term given structural headwinds from trade imbalances and dollar strength, though tactical stabilization around current levels is expected.

Daily Voice: Christmas gift for markets? India-US Deal to revive global confidence in India, says this fund manager

Any constructive statements or forward-looking updates emerging from the Asian Summit could strengthen investor confidence and sustain the current market optimism, supporting equities in the near term.

Pro Market Outlook | Benchmarks touch 52-week highs as markets eye US deal

Nifty ended the week positive but below opening levels. Market focus shifts to corporate earnings and potential US-India trade deal, while progress in US-China talks sustains global positive sentiment

Chartist Talk: Milan Vaishnav reveals what’s next for Shipping Corporation, Blue Star, HDFC Bank and Bharti Airtel

Milan Vaishnav said he would continue looking at HDFC Bank and Bharti Airtel.

Daily Voice: This CIO sees double-digit upside for Indian stocks for the year ahead, urges caution on US markets

Rohit Beri expects the trend in de-dollarization to continue and central bank demand for gold to stay strong. However, the current rally in gold prices may not last for long. So, one has to be very careful.

Chartist talk: Momentum cooling? Sudeep Shah flags caution after shooting-star formations in Nifty, Bank Nifty

Shooting Star candlestick pattern reflects that bulls attempted to drive prices higher but faced selling pressure near the top, said Sudeep Shah.

Daily Voice: Gold unlikely to outperform in the year ahead, says this CIO; bets on pharma, specialty chemicals

The year ahead is expected to deliver healthier stock returns — likely in line with the long-term average range of 12–15 percent, said Rakesh Vyas of Quest Investment Advisors.

Daily Voice: Three big shifts that could redefine markets in the year ahead, according to Edelweiss MF’s Trideep Bhattacharya

These three themes position India for global outperformance in the year ahead, both in relative growth and market returns, Trideep Bhattacharya believes.

Daily Voice: Saurabh Mukherjea flags Indo-US FTA as wildcard for markets, boosts luxury goods and US banks exposure

Demand recovery for Indian IT Services seems more likely than not in the next 12 months, said Saurabh Mukherjea of Marcellus Investment Managers.

Chartist Talk: Foram Chheda explains why Axis Bank, Bajaj Auto appear promising in F&O expiry week

Foram Chheda noted the Nifty 50 has broken out of a symmetrical triangle pattern, which confirms the potential for an upward move.

Chartist Talk: Metal, defence to surprise in Samvat 2082? Prashant Shah sees Nifty in new territory

Definedge’s Prashant Shah sees Nifty heading beyond 30,000 in Samvat 2082, with metals, defence, and midcaps poised to surprise investors.

Daily Voice: Nifty at 30,000 by next Samvat? Carnelian’s Vikas Khemani bets on IT rebound and FII flows

Vikas Khemani sees Nifty hitting 30,000 by next Samvat, driven by Fed rate cuts, FII inflows, and an IT sector comeback after years of de-rating.