Uncertainty Looms for 2026 Markets, Experts Eye Earnings Recovery & Bottom-Up Picks

• Ashwini Agarwal warns of geopolitical uncertainty in 2026, citing US-Venezuela oil trade, but sees limited direct impact on India.
• Pankaj Tibrewal expects 12-30% earnings growth from FY27, driven by banking and auto, potentially attracting foreign investors.
• Experts foresee a commodity supercycle, recommending metals like copper and aluminium for portfolios due to supply and geopolitics.
• Mid and small caps are preferred, with a focus on bottom-up stock selection and strong balance sheets over broad market rallies.
• Key drivers for Indian markets include GDP growth, inflation, dollar-rupee stability, and government privatization efforts.

Why It Matters: 2026 markets face uncertainty, but earnings recovery and strategic stock picking in mid/small caps offer opportunities.