As Nifty flirts with the 26,000 mark, LIC MF’s Jaiprakash Toshniwal says Indian markets remain fairly valued with strong earnings momentum ahead. He expects high single-digit growth in FY26 and double-digit gains in FY27, driven by banking, pharma, IT, and consumption sectors. Mid-tier hotels, capital goods, and defence-linked industries are also poised for strong growth, signaling continued market resilience.