ETMarkets Smart Talk | Renewables, defence to lead in FY27; infra and gas stocks offer high-risk opportunities: Siddarth Bhamre

The energy sector, particularly renewables, is experiencing significant tailwinds from government policies and global decarbonization efforts. The BSE Power Index has shown recent strength, indicating investor interest.

Maintain a bullish bias on renewable energy and power generation stocks, looking for dips as accumulation opportunities, with a focus on companies with strong order books and execution capabilities.

For Indian markets, this story mainly matters for , , and the Renewable Energy, Defense, Infrastructure pocket. The current signal is bullish, so traders should look for follow-through in price, volume, and sector breadth instead of reacting to the headline alone.

Watch whether the next market session confirms the setup described here: Expected to lead market performance in FY27 due to structural tailwinds. Offer high-risk opportunities post-correction. Also track volume confirmation, sector participation, and whether the move holds beyond the first reaction.

• •Siddarth Bhamre expects renewables and defence to lead market performance in FY27.
• •Structural tailwinds are expected to support the growth of renewables and defence sectors.
• •Infrastructure and gas stocks may offer high-risk opportunities post-correction.
• •Geopolitical risks and weak earnings are currently weighing on sentiment.
• •FII flows could recover in the second half, improving valuations dependent on earnings recovery.