New Delhi, Oct. 10 -- How can you identify the companies and industries that will do well in the stock market?

After all, no one has seen the future.

This question highlights the importance of asset allocation over stock picking.

If you can find the right sectors to allocate funds in your portfolio, individual stock selection can potentially take a back seat.

In this editorial, we aim to guide you in this regard.

Let's examine three sectors that have the potential for gains in 2026.

Historically, India relied heavily on foreign countries for its defence needs. About 65-70% of defence equipment was imported until 2018.

However, this landscape has dramatically shifted, with around 65% of defence equipment now manufactured within Indi...