Market Outlook 2026 :Neelkanth Mishra, Chief Economist of Axis Bank and Head of Global Research of Axis Capital, who is considered a big giant of the economic world, was present with CNBC-Awaaz today to discuss the market outlook of 2026. Prior to Axis, he was associated with Credit Suisse for nearly two decades. You are also a part-time member of the Economic Advisory Committee to the Prime Minister. Let us understand what is Neelkanth Mishra’s view regarding the market.
Market may rise gradually, performance of financial sector will be quite good.
Neelkanth Mishra is of the opinion that now the era of fiscal and monetary stringency has been left behind. Credit growth is expected to reach 12% in 2027. The market may rise gradually. GDP growth in fiscal year 2027 is likely to be better than estimated. The performance of the financial sector will be very good in future. Autos will continue to get a boost after the GST cut. There is not much enthusiasm in export business.
More bullish outlook on domestic sector, rise in construction may boost metal
Neelkanth Mishra has a more bullish view on the domestic sector. He says that the dollar is very overvalued and the dollar needs to fall. A boost in metal is possible due to increase in construction in real estate. Better demand for ferrous metal is expected. The risk of Chinese dumping in chemicals is high. The chemical industrial capacity in China is not decreasing. Oversupply in China may put pressure on commodity chemical prices.
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