India Weekly Kickstart

Latest edition · August 7, 2026

India Weekly Kickstart NIFTY gained 1 this week

The NIFTY rose 1% this week amidst resilient corporate earnings and a pivot towards value stocks. FII inflows have turned positive, and the RBI maintained its policy rate at 5.25%.

India's market equity performance remains supported by strong 2QCY26 corporate earnings, with ex-commodity profit growth hitting a 6-quarter high of 14% yoy. Despite inflationary concerns and a minor energy supply shock causing a 70bps margin contraction, the broader market continues to see positive surprises. Investors are rotating into value stocks as valuations become a primary driver of returns. Macro indicators remain stable, with the RBI holding rates, and FII flows have inflected positively since mid-June.

Key takeaways from the latest edition

• 1.NIFTY gained 1% this week; RBI held policy rate at 5.25%.
• 2.Profit growth for MSCI India (ex-commodities) accelerated to a 6-quarter high of 14% yoy.
• 3.Foreign flows inflected since mid-June, with FIIs buying $1.2bn wtd.

What this series covers

• NIFTY gained 1% this week; RBI kept policy rate unchanged; 2Q profits and revenues accelerated and surprised positively; FII inflows continued
• Focus: 1QFY27 / 2QCY26 Earnings
• Focus: Rotation to Value
• Monsoon Tracker: Rainfall 11% below normal so far
• Views: MW India; Expect NIFTY to reach 26,500 by Jun'27
• 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
• Foreign positioning in India
• Domestic fund flows improved in June
• India Equity Risk Barometer (GSSRIERB)
• Market Breadth, Volatility and Derivatives Positioning

Edition archive

• India Weekly Kickstart NIFTY gained 1 this week

  August 7, 2026

• INDIA WEEKLY KICKSTART NIFTY rose 1% this week after declining 9% in 1H; Monsoon remained deficient and crop sowing tracking low; 1H recap

  July 3, 2026

• INDIA WEEKLY KICKSTART NIFTY gained 1 w w

  June 12, 2026

• India Weekly Kickstart NIFTY rose 1 w w

  May 10, 2026