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After a year where gold and silver dazzled investors, Axis MFs Equity Head Shreyash Devalkar believes 2026 could mark a turning point. With earnings recovery, sectoral rotation and supportive macros lining up, he argues Nifty may finally outshine precious metals, setting the stage for a classic mean reversion trade.
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The Indian equity market ended a three-week winning streak as Nifty50 slipped 2.6%, pressured by global trade tensions, H-1B visa concerns, and persistent foreign outflows. Time-based technical signals indicate potential intraday volatility, emphasizing cautious trading and disciplined risk management for short-term traders amid fluctuating support and resistance levels.
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Silver prices in India have surged to record highs, outperforming gold with a 53% rise in 2025. Driven by industrial demand, festive buying, weakening rupee, and strong retail and ETF participation, silver benefits from supply deficits, technological applications, and investment appeal, signaling a potential long-term bullish trend in the bullion market.
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News and Media
The latest Trend Tracker shows Nifty falling 2.7% due to visa fee hikes and pharma sector tariffs, settling below 24,700. Analysts expect weak sentiment with stock-specific action. ETMarkets lists five picks Hindustan Copper, NLC India, Usha Martin, Jindal Saw, Capri Global Capital offering up to 28% upside in the near term.
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News and Media
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