Nifty earnings are expected to remain subdued in FY25 but rise significantly in FY26, with an 18.3% EPS growth forecast. This outlook is supported by a consumption-focused Budget, tax rebates, improved rural economy conditions, and better government capex growth. Analysts also anticipate a rate cut cycle starting soon, boosting market sentiment.
Goldman Sachs’ India bets: 8 stocks rally up to 85% in CY26; one new addition
Goldman Sachs’ India equity portfolio fell 6% in CY26 amid mixed stock performance. While 18 stocks declined sharply, eight delivered strong gains, led by GNG