09 Jan 2026 | 3 Mins Read

India's 2026 market returns forecast to remain subdued by CLSA

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Vikash Kumar Jain, India Strategist at CLSA, expects India's market to experience moderate returns in 2026, with high single-digit gains on the Nifty 50 as the best-case scenario. He forecasts a gradual de-rating phase with compressing valuations and growing earnings, and prioritizes consumption, real estate, and select auto and energy sectors.