New Delhi, Oct. 15 -- The Indian stock market has underperformed its global peers this year, with benchmark indices Sensex and Nifty 50 remaining largely flat over the past 12 months. The subdued performance has been attributed to a confluence of global and domestic headwinds, including escalating trade tensions, higher US tariffs, geopolitical uncertainties, muted corporate earnings, and sustained foreign capital outflows.

However, analysts expect the second half of FY26 to offer a brighter outlook for equities. Key drivers include improving corporate earnings growth, a low interest rate environment, easing geopolitical concerns, and progress on trade and tariff resolutions. In addition, the ongoing festive season, aided by the recent G...