India Weekly Kickstart

India is regaining investor attention as it outperforms its regional peers (MXAPJ) MTD, supported by a 5-quarter streak of earnings beats and a recent inflection in foreign institutional flows. Goldman Sachs remains Overweight on India with a 2026 NIFTY target of 29,300, emphasizing domestic cyclicals and financials.

Key Takeaways

• 1.India outperformed the MXAPJ region month-to-date (up 4% in USD), leading in most sectors except IT.
• 2.Foreign Institutional Investor (FII) flows turned positive in February, receiving the largest inflows across Emerging Markets.
• 3.Corporate earnings for 3QFY26 surprised positively for the fifth consecutive quarter, with profits rising 11% YoY.

Table of Contents

• Focus: India Back on the Radar?
• Focus: Rotations at play
• Focus: Domestic fund flows
• 3QFY26 / 4QCY25 earnings wrap
• Performance summary: Global Markets, Commodities, FX, and Rates
• India: Sector performance
• Relative performance of MSCI India sectors
• Thematic monitor
• Style investing monitor
• Valuations
• FII equity flows and sector allocation
• Foreign funds remain underexposed to India
• India Equity Risk Barometer (GSSRIERB)
• Market Breadth, Volatility and Derivatives Positioning

Document Preview

Page 1 of 5

Subscribe for full accessStart Free Trial