New Delhi, Dec. 28 -- Stocks to buy for the long term: The Indian stock market underperformed major global peers in 2025 on concerns over US tariffs, massive foreign capital outflow, weak earnings, and currency fluctuations.

However, experts believe 2026 will be better than 2025 due to earnings growth, a potential India-US trade deal, and the return of FIIs.

Nevertheless, it looks unlikely that the market will see a sharp gain of more than 15% next year because valuations still are somewhat elevated and there is high uncertainty on the geopolitical front.

The Indian stock market is likely to remain a market of stock pickers next year, where select stocks will deliver healthy returns, even as broader markets may remain volatile.

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