A majority of respondents anticipate that the Nifty index will see moderate growth, with many favouring large-cap stocks and the financial sector as top investment choices.
After the breathtaking rally in gold and silver in 2025, industrial metals like copper and aluminium are being seen as the preferred commodity class for 2026.
Investors also show high optimism regarding a looming trade agreement between India and the United States, expecting a resolution within months.
The Nifty 50 closed up 10.5% in 2025 and the index has given two consecutive years of double digit returns only once, during the pandemic, in the last 10 years.
PSU banks and metals were the rank outperformers in 2025 too. The survey indicates that the trend may continue in 2026 too.
The consensus estimate for Nifty 50 earnings has fallen from ₹1,407 to ₹1,315 a share in the 12 months ending December 2025. Consecutive quarters of single-digit earnings growth have triggered valuation concerns. A revival in corporate earnings growth is just what the market needs for a rally.

