India
A report by GoalFi predicts that Nifty will yield 8–10% annualized returns in FY26, while Sensex is expected to deliver 8–12%. This projection is based on 12–15% corporate earnings growth and a forward PE multiple of 19–21x.
Domestic companies are positioned to handle global risks like US tariff hikes and commodity inflation. Large-cap private banks are expected to see 14–16% credit growth. Benchmark indices gained 7% in FY25 and are projected to grow 12–16% by March 2026.
Sectors like religious tourism (growing 10–12%), medical tourism (18–20% CAGR), and infrastructure (100 new airports by 2030) are key drivers. Rural demand is expected to rise 5–7% YoY, while urban spending will increase 6–8%.
With government infrastructure spending of Rs 11-12 lakh crore and private capex rising 12–14% YoY, tourism and infrastructure sectors could see 15–20% revenue growth, boosting overall economic momentum.
Advertisment
