New Delhi, April 21 -- Neha Agarwal, MD & head of Equity Capital Markets atJM Financial, expects market sentiment to improve in the next couple of months once the March quarter results are out. With most companies having reset FY26 earnings guidance, meeting those targets could bring stability. She said promoter commentary on capital allocation and strategy will also be key.

"If those signals are positive, we could be in for a strong second half in FY26 (for QIPs, blocks and IPOs)," Agarwal highlighted. QIP or qualified institutional placement and IPO is initial public offering.

She also sees capital becoming more selective. Investors may lean toward traditional, high-ROE (return on equity), cash-generating businesses.

On the global fr...