Domestic earnings recovery to support markets in 2026, but FII return key for sustainable rally: Sudip Bandyopadhyay

Indian markets may see a stronger 2026 as domestic corporate earnings improve, driven by tax relief, GST rationalisation and a consumption rebound, says market expert Sudip Bandyopadhyay. However, a sustained equity rally will depend on the return of foreign institutional investors, policy clarity on capital gains tax and STT, and stable macro conditions including healthy inflation.