Fed Outcome Impact On Market | Nifty & Sensex Today | IndiGo Stock To Turnaround?

Despite strong macros, RBI rate cuts, GST reforms, and robust retail SIP inflows, Dalal Street remains stuck near all-time highs, with mid- and small-caps facing sharp selling pressure. Veteran Gaurang Shah sees the current phase as a classic post-peak consolidation, driven by relentless FII selling and delayed India-US trade deal uncertainty. He remains eternally optimistic, expecting a turnaround fueled by Q3 earnings (from Jan 2026) and the February budget.Advice: Stay patient, continue SIPs, add selectively to quality growth stories, and avoid panic exits. Mid/small-caps have tested nerves but offer opportunities for those with high risk appetite. Top sectors for 2026: BFSI, autos, cement, capital goods, defence, IT. Key picks include SBI, ICICI Bank, Bajaj Finance, M&M, L&T, BEL, and MTAR Technologies.