The Indian equity market could see a near-term boost if the India-US trade impasse is resolved, says Mahesh Nandurkar, Head of India Research & Equities Strategist at Jefferies India. Corporate earnings have been subdued, but GST and income tax cuts are expected to support growth in H2 FY26. According to Nandurkar, passenger cars, two-wheelers, consumer durables, and cement may see strong festive season demand.
