Gold, equities or fixed income? Jainam’s Milan Parikh on the best bets for the next 12–18 months
The market relevance lies in how investors balance equity risk, precious metals and fixed income, but the supplied material gives no allocation conclusions.
· Business Today Mkts
Milan Parikh, Managing Director and Chairman of Jainam Broking discusses where the risk-reward equation stands across large, mid, and small-caps. He also shares his views on gold and silver, fixed income, the rupee, interest rates and the outlook for equities over the next 12–18 months.
The analysis
On Thursday, October 8, 2026, Business Today Mkts presented Jainam Broking Managing Director and Chairman Milan Parikh’s assessment of asset choices over the next 12 to 18 months. The discussion spans large, mid and small capitalisation equities, gold, silver and fixed income, alongside the rupee and interest rates. The supplied summary does not disclose which asset class Parikh prefers, how he ranks equity segments, or any proposed allocation, valuation measure, return expectation or rate view. It therefore establishes the scope of his comments, but not their substantive market conclusion.
These views matter because rates can influence bond prices, funding costs and valuations, while rupee moves can alter export receipts and import expenses. Banks, non banking lenders, real estate and automobiles are rate sensitive; information technology and pharmaceuticals may respond to currency changes, while oil, aviation and other import dependent sectors face the opposite channel. Precious metal preferences may affect jewellery and metal related shares, and a tilt between large, mid and small companies can change market breadth and liquidity risk. Specific allocation ranges, valuation evidence and rate or currency assumptions would confirm a clear reading. Their absence, or conflicting detail in the full remarks, would weaken it.
Market context
- This is a market-wide development — its reach goes beyond any single stock.