Fourth Day Of Caution: Sensex & Nifty Lower On Global Trade Concerns

Amit Goel of Pace 360 remains cautiously optimistic for early 2026, expecting a post-Budget rally driven by anticipated reforms and measures to stem FII outflows, stabilize the rupee, and counter U.S.–India trade deal delays. He sees pre-Budget gains diminished after recent highs and retreat. However, he warns of a potential sharp global equity sell-off post-February/March 2026 due to an impending U.S. recession and deflationary bust, bursting post-AI bubbles. Precious metals (gold/silver) may consolidate short-term before declining in a deflationary scenario. Strategy: Gradually increase equity allocation on dips pre-Budget, then shift heavily (50%+) to long-term government bonds (India 30-year) for 14–15% CAGR via capital gains, while playing tactical equity rallies.