What will drive India's growth in fiscal 2026? Finserv MD Deven Choksey bets on strong earnings in these emerging sectors

Market expert Deven Choksey said in an exclusive conversation with Anil Singhvi that the stock market in India is well prepared and has good competition supported by stable macros, robust revenue prospects and sector-specific stance. Zee Business Market Talk. Finserv MD outlines key sectors and strategies investors should now consider taking advantage of emerging upgrades.

The department of focus

Choksey stressed that global reconstruction activities often create important opportunities for emerging markets such as India. He picked it out Metals Industry As a key beneficiary of this trend, expect it to witness Demand rises sharply Due to global reconstruction efforts. “Metals are probably the first part of what we will experience stronger demand,” he said.

What increases profits?

and Crude oil prices are stable and Import inflation is under controlIndia enjoys the best environment for industrial and manufacturing growth. According to Choksey, this leads to Reduce energy costs and Controlled interest ratesimprove the company's profitability. “The marginal factors, especially for the industry, are showing positive appearances,” he noted.

Fiscal Year 26 earnings

Choksey predicted this Company revenue growth could exceed 15% In fiscal 25-26, with the help of demand revitalization and margin stability. “Demand and profitability are lined up, creating a strong foundation,” he said, adding that this sets the stage for increasing the stage of investor participation in stocks.

It is better to buy opportunities; you must hold a long-term position

Choksey admits valuation has become a bit expensive, but please guarantee Any market correction should be considered as a buying opportunity. “The near-term environment is favorable to stocks,” he added.

He also advises retail investors Keep your long-term betespecially if they are in contact Defense, real estate developers and new emerging fields For example, clean energy, semiconductor or digital infrastructure. “Don't bother with your long-term investment position,” he said. Only 25-30% of the portfolio Keep the liquid for momentum trading.

Key sector Deven Choksey bullish:

• Metal (Due to global reconstruction)

• defense (Strong policy support and global demand)

• Emerging fields like Cleaning technology,,,,, Real estate developersand semiconductor

• Banks and industries Can benefit from the domestic capital expenditure cycle in India (implicit environment)

Choksey reiterates India’s bullish stance on India with a macro-driven view as it enters a new earnings cycle with a stable fundamentals and a global environment that enables growth.