FY27 earnings recovery key to next leg of market upmove: Rajeev Agrawal (opens original article in a new tab)

Global markets cautiously optimistic about US-Iran agreement, but Indian equities remain restrained with focus on FY27 earnings as key driver for future movements.

• Global markets are cautiously optimistic about a potential US-Iran agreement easing geopolitical risks and crude oil volatility.
• Indian equities remain restrained, with market experts emphasizing that FY27 earnings delivery will be the key driver for future market movements.
• Improved earnings visibility in smallcap and midcap segments could support markets heading into FY27, while global rate cycle decisions add uncertainty to capital flows.