Nifty earnings may grow by 12% YoY in FY26; large caps better positioned: Ajay Menon of MOFSL
Ajay Menon, MD and CEO of Wealth Management at Motilal Oswal Financial Services Limited (MOFSL), believes the performance of the Indian stock market in 2026 will be driven by earnings rather than valuation. In an interview with Mint, Menon said that large caps appear to be better positioned as the earnings cycle improves, while SMIDs…