Market Bizzz

The outlook by most of the businesses also continue to be fairly optimistic. So, if one selects a decent set of companies, it will not be very difficult to generate a 15% to 20% earnings growth at the portfolio level for the next two years.

Waaree Energies will be in focus after board approval to acquire Kamath Transformers for Rs 293 crore and Green New Delhi Forever Energy for Rs 1 lakh per share. Both acquisitions, aimed at business expansion, are expected to complete in FY26 and will be funded through cash. The stock trades above key moving averages despite a ‘Sell’ rating with a 12% downside target.

Jigar Mistry of Buoyant Capital favors healthcare, materials, chemicals, and banking sectors, preferring large-cap private banks over PSU banks. He remains positive on both generic and CDMO pharma segments, dismissing tariff concerns. Mistry believes valuations are elevated, especially for narrative-driven stocks lacking earnings, advocating for a focus on fundamentals over market flows.

Jigar Mistry of Buoyant Capital notes a dichotomy in the Indian market: strong macro indicators contrast with elusive earnings recovery, particularly in mid and small-cap sectors. While banks drive Nifty’s growth, retail behavior shows mixed signals with rising SIPs alongside high cancellation rates. Mistry emphasizes that sustained market levels depend on earnings catching up with strong flows.

Defence stocks surged by Rs 1.8 lakh crore following Operation Sindoor, driven by strong government orders and Make-in-India momentum. Key players like IdeaForge, Cochin Shipyard, and HAL saw significant gains. While optimism runs high, experts caution on stretched valuations and potential profit booking, urging investors to maintain valuation discipline amid rising geopolitical and defence budget developments.

Analysts highlight four technical stock picks—BEML, Angel One, Container Corporation of India, and TVS Motor—that show strong bullish signals and could deliver up to 37% gains in the near term.

​You have to see FMCG sector doing well. You have to see two-wheeler sector doing much better. You have to see the entry-level car markets doing much better. So, we would love to see many parts of the economy do much better than asset prices just going up because of extremely good liquidity improvement thanks to the Reserve Bank of India.

Foreign Institutional Investors (FIIs) have significantly increased their investments in Indian equities, with net purchases of Rs 23,778 crore through May 16, 2025, following a shift in April. This buying momentum is fueled by easing geopolitical tensions, improved global trade relations, and India’s robust growth prospects. Experts anticipate continued FII buying, supported by controlled inflation and expected rate cuts.