Hyderabad: According to Emkay Wealth Management, the wealth management arm of Emkay Global Financial Services Ltd., Hyderabad has emerged as a high-growth wealth centre in India, driven by the rapid expansion of Global Capability Centers (GCCs), robust infrastructure development, and a thriving start-up ecosystem.
It notes that the city is witnessing strong demand for ultra-luxury real estate, particularly 5,000+ sq ft “Sky Mansions” in micro-markets such as Kokapet and the Financial District, reflecting rising affluence and evolving lifestyle aspirations among high-net-worth individuals.
According to Abhishek Vaish, Vice President, Emkay Wealth Management, “These structural trends position Hyderabad as a key market for long-term wealth creation, offering opportunities across equities, private markets, real assets, and alternative investments.”
Expanding on its assessment, Emkay Wealth Management presented its outlook for calendar year 2026, alongside its recommended asset allocation framework for investors. Looking ahead to 2026, Emkay Wealth expects markets to become more balanced and earnings-driven, with high GDP growth and low inflation. The Nifty 50 is projected to deliver a steady return of 11-14%, while mid and small caps are likely to outperform, due to improved valuations and balance sheets.
It expects precious metals to not replicate their 2025 gains, but continues to maintain a long-term bullish outlook on gold and silver. In the debt market, it believes that a likely pause in rate cuts may limit bond yield gains, prompting investors to focus on medium-duration strategies and select credit-oriented opportunities
Key sectors to watch include BFSI, which is expected to enhance Nifty profitability, along with a recovery in consumer discretionary post GST 2.0, and potential value opportunities in IT stocks.
Abhishek Vaish, Vice President, Emkay Wealth Management added, “In 2025, India’s investment landscape was marked by a significant bull run in precious metals, with silver and gold posting returns of approximately 155% and 75%, respectively. The equity markets experienced muted growth, with the large-cap Nifty index increasing by around 10%, mid-caps by 3%, and small caps declining by roughly 6%.”
Emkay Wealth Management notes that for 2026, disciplined asset allocation remains key. Rebalancing may involve shifting gains from precious metals to equities, with a focus on large caps for stability and growth, alongside selectively chosen mid- and small-cap stocks. Debt investments should prioritise low-duration and credit risk funds, with potential exposure to alternative credit funds over the long term.
