Home / Business and Economy / Helios CEO: Worst Over, 2026 Outlook Bright for Indian Equities
Helios CEO: Worst Over, 2026 Outlook Bright for Indian Equities
23 Dec, 2025
Summary
- Indian markets have surpassed their toughest phase, with 2026 expected to be constructive.
- An earnings recovery and easing macro pressures are key drivers for market optimism.
- A potential tariff deal with the US could significantly boost Indian markets.
Indian financial markets are set for a more constructive 2026, according to Dinshaw Irani, CEO of Helios Capital (India). Irani believes the period of toughest news flow occurred in 2025, despite market resilience. He indicated that a shift in fiscal and monetary policy by the Reserve Bank of India and the government has begun to stimulate an earnings recovery, which is crucial for market performance.
The executive highlighted that corporate earnings growth, which began in the September quarter of 2025, is expected to continue strongly into the December quarter. With two more quarters ahead that have a low base from the previous year, year-on-year growth is projected to appear even more favorable, positioning 2026 as a potentially strong year for equities.
A significant potential catalyst for the market is the resolution of a long-standing tariff dispute with the United States. Irani suggests that markets are currently anticipating the removal of an additional 25% penal duty on India. Any further reduction beyond this would likely be viewed very positively by investors, further supporting the optimistic outlook for 2026.
