While global equities, including India, have seen an encouraging 10% rally backed by solid fundamentals and strong corporate earnings, the 'easy money' phase is now over. Going forward, the market will be driven by selectivity rather than broad market beta. He expresses high conviction in the AI capex beneficiary complex and recommends selective exposure to the energy sector, citing geopolitical disruptions creating winners and losers.
Nifty 50NeutralCalled 29 Apr 2026Graded 19 Jul 2026
Verdict:HIT

Nifty 50 decreased from ₹23997.55 to ₹23382.60, aligning with the neutral call that the 'easy money' phase is over and market will be driven by selectivity.

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