PL Asset's Vora Predicts 10%+ Market Rally in 2026, Cites Strong Earnings & Liquidity

• Siddharth Vora of PL Asset Management forecasts a 10% or higher market rally in 2026.
• Key drivers include improving earnings growth, robust domestic liquidity, neutral valuations, and new demand triggers.
• December quarter earnings are expected to see upgrades significantly outpace downgrades, potentially initiating a durable upgrade cycle led by financials, metals, and industrials.
• Macro setup for 2026 remains constructive across capex, credit, and consumption, though markets have already factored in a favorable outlook.
• IT and chemicals are identified as contrarian opportunities for 2026, while real estate and paint sectors offer stock-specific plays.

Why It Matters: PL Asset's Siddharth Vora sees a strong 2026 market rally driven by earnings, liquidity, and macro factors.