Earnings revival likely in 2026, time to build domestic-focused portfolios: Sridhar Sivaram

Enam Holdings’ Sridhar Sivaram expects India’s earnings growth to rebound in 2026 as the government pivots from investment to consumption, GST cuts take effect and RBI begins rate reductions. He warns low nominal GDP and flawed inflation readings have suppressed earnings this year but sees financials, NBFCs, consumption and gold outperforming as domestic demand strengthens […]

IMF likely to alter classification of India’s forex framework

The IMF is expected to revise how it classifies India’s exchange rate regime, two years after triggering tensions with the RBI by suggesting excessive currency intervention. According to people familiar with the matter, the new description may reference a “crawling peg,” a framework involving gradual currency adjustments to reflect inflation differentials. The shift would signal […]

Execution hurdles remain a big challenge for power firms: Dharmesh Kant

Market expert Dharmesh Kant notes strong order inflows in India’s power equipment and transmission sector, but cautions about execution delays and premium valuations. He sees long-term value in the national grid’s expansion, while defence counters present a compelling structural opportunity with significant domestic manufacturing growth expected.

Narrow market breadth a concern, says Sameer Dalal amid Nifty’s race to record highs

As the Nifty nears record highs, a market shift sees investors moving from mid- and small-cap stocks to safer large-cap names. This narrowing market breadth historically precedes corrections, with stretched valuations offering little cushion for many stocks. Despite near-term valuation hurdles, optimism remains for the food delivery segment’s long-term profitability.

Antique initiates Adani Ports & SEZ with Buy rating; sees 19% upside to Rs 1,773

Antique Stock Broking has initiated coverage on Adani Ports & SEZ with a Buy rating and a Rs 1,773 target, citing its growing scale, integrated logistics model and strong financials. With rising cargo volumes, expanding infrastructure and improving leverage, the brokerage expects robust revenue, EBITDA and profit growth driven by long-term structural tailwinds.