Archive · 20 Jul 2026
Nandish Shah on Market Prospects and Sectoral Investments
Nandish Shah from Motilal Oswal Financial Services talks about the stock market and where to invest.
He says the market is going through a tough time because of high oil prices and political problems.
But he thinks it will get better because companies are expected to make more money in the future.
He suggests investing in areas like banks, cars, new tech companies, and things that make products.
He also says that even though there might be some problems with interest rates, India is in a better position now than before.
He advises people to invest in stocks for the long term but also to look at safe government bonds.
Nandish Shah is optimistic about corporate earnings growth at 15% CAGR over FY28 despite Q1FY27 pressures.
Defence and energy security are major investment themes due to recent approvals and market opportunities.
FII flows have improved, with net buying post-US-Iran ceasefire, supporting Indian equities.
Shah recommends overweight positions in diversified financials, automobiles, new-age tech, and consumer discretionary sectors.
Earnings recovery is expected, with sectors like financials, metals, and technology leading the growth.
- Who
- Nandish Shah, AVP-PCG Research and Advisory, Motilal Oswal Financial Services
- What
- Market prospects and sectoral investment recommendations
- When
- Medium to long term, with specific data points from 2026
- Where
- Indian stock market and global context
- Why
- To provide insights on market trends, sectoral performance, and investment strategies
- Corporate Earnings Growth
- 15% CAGR over FY28
- Defence Sector Approvals
- ₹52,000 crore for modernisation
- FII Holdings in Nifty 500
- 17.1% in March 2026
- DII Ownership in Nifty 500
- 20.9% in March 2026
- US CPI Inflation
- 3.5% annually in June 2026
- Expected Q1FY27 Earnings Decline
- 3% across MOFSL universe
- Fed Rate Hike Expectations
- Three hikes in 2026