Mihir Vora: Markets Reset for Cleaner Setup in 2026 After Weak 2025

• Mihir Vora of Trust Mutual Fund sees market expectations reset for 2026 after 2025's underperformance.
• Domestic flows remain steady; FII return hinges on currency stability and India-US trade deal.
• Favors capital expenditure, financials (private banks), capital markets, and defence sectors.
• Identifies long-term opportunities in B2C/D2C, travel, tourism, and contrarian value in FMCG/pharma.
• Recommends 2026 asset allocation: >50% equities, 20-25% Indian debt, rest in gold/silver.

Why It Matters: Mihir Vora predicts a 'cleaner setup' for Indian markets in 2026 due to reset expectations.