Canara Robeco CIO says largecaps still matter as earnings revive
In short
Canara Robeco CIO Shridatta Bhandwaldar said the next 12 to 18 months will depend on company earnings and geopolitics, including higher energy prices in India. He said earnings have been weak for 1.5 years but are starting to recover from 2HFY26.
This matters because a better earnings cycle can support the market. The source does not say how big the effect will be or which sectors will benefit most.
What the reporting says
Canara Robeco CIO Shridatta Bhandwaldar said the next 12 to 18 months will be shaped by corporate earnings growth and geopolitics, including higher energy prices, in the Indian market. He said the firm is fairly constructive after 1.5 years of an earnings downcycle, with the earnings cycle reviving from 2HFY26. The immediate takeaway is a more positive earnings outlook, while the market impact of geopolitics and energy prices remains uncertain.
Why it matters
Canara Robeco CIO Shridatta Bhandwaldar said the Indian market over the next 12 to 18 months will be driven by corporate earnings growth and the impact of geopolitics through higher energy prices. He said the firm is fairly constructive after 1.5 years of an earnings downcycle and expects the earnings cycle to revive from 2HFY26. The source does not give a specific stock, index, or sector call beyond that broader market view.