Stock market today: The current equity market setup increasingly resembles a post-consolidation phase marked by lower beta but higher dispersion, where stock selection matters more than index direction, says Abhishek Mishra, Founding Partner at SKG Investment & Advisory, in an interview with Up
After the broad rerating of the previous cycle, markets are no longer rewarding liquidity alone. Instead, earnings delivery, balance sheet strength, and cash flow visibility are driving outcomes, Mishra added.
The expert discusses expectations for the Union Budget 2026-27 and sector outlooks: metals, financials, and telecom.