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Hidden Multibagger Stocks by Devendra (RA: INH000026488)
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Disclaimer: I am a SEBI Registered Research Analyst (RA: INH000026488). All stocks, market updates, and investment-related information shared in this channel are strictly for educational and informational purposes only.
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Please understand that you will not see any major move in January 2026. Only if the market reaches an oversold zone may we see a small pullback. Otherwise, this month remains in a correction phase.
I have repeatedly said this: whenever FIIs are selling in a particular month, you should not expect any meaningful returns during that month.
Retail investors’ panic selling has been continuing since November 2025, and it is still ongoing. FIIs are likely to intensify their selling to create more panic and bring market valuations back to normal levels.
DIIs are holding the index up only because of their large capital base, driven by strong SIP inflows. However, this money is ineffective during a bear phase. High SIP inflows are mainly used to support the index, not to generate real returns.No benefit for retail investors due to high SIP.
We can expect a change in FII flows only if Q3 earnings improve and the Union Budget is positive. Our only hope is that these two factors help bring FIIs back from next month onward.💥
💥Geopolitics Is an Excuse — Valuation Correction Is the Real Story💥
All geopolitical news is being used as a day-to-day excuse for the market correction. In reality, our market is slowly going through a natural correction phase to bring valuations back to normal levels. This correction would have happened even if no geopolitical issues had arisen.
One thing must be kept in mind: without attractive valuations, FIIs will not invest in India. Trade deals and geopolitical tensions are simply convenient topics discussed daily on social media to justify market falls.
FIIs have been selling since October 2024 and are still selling. This clearly indicates what they want—lower and more attractive valuations.
In December 2025, SIP inflows increased to ₹31,000 crore, the highest ever. If SIP flows continue to rise at this pace, the next bear phase could be more painful than the current one.
DIIs are not allowing the market to correct meaningfully, while FIIs want the market to fall to attractive levels. Caught in between are retail investors, who see no real gains and eventually resort to panic selling out of frustration.
The main villain in this bear cycle is excessive SIP inflows & not geopolitical issue.💥💥
India has been among Iran’s five largest trade partners in recent years
Major Indian exports to Iran: Rice, tea, sugar, medicines, staple fibres, artificial jewellery.
FII non-stop selling is continuing in January 2026, and as per my prediction, it is likely to persist throughout the month.
Due to continuous FII selling, I expect retail investors’ panic selling to continue as well. The market may recover temporarily after reaching oversold levels, but overall it will remain highly volatile throughout January because of sustained FII selling.
We are currently in the final stage of the bear phase, and I expect FIIs to return if Q3 earnings show improvement, otherwise market will wait for Q4 earnings.
As per my prediction, strong FII buying could begin between February- March- April 2026, Until then, I expect a proper correction in small- and mid-cap stocks, along with the impact of budget outcomes and earnings improvements.
I will explain in detail in my upcoming YouTube video when I expect FII buying to resume.
I have said many times that when strong fundamental stocks fall without any apparent reason, it is usually due to panic selling by retail investors. Since November 2025, we have been witnessing exactly this kind of retail panic selling, which has heavily impacted small- and mid-cap stocks and, ultimately, our portfolio as well.
A similar phase of selling was seen in February–March 2025, when retail investors panicked and exited the market.
This is why, if you want to understand when your portfolio may face pressure, you must first understand retail investor psychology. We already know how retail investors behave during panic phases, which is why we gave exit calls between October and December 2024 for stocks that had delivered multibagger returns during the 2023–24 bull run. That period marked the initial phase of the bear market, and our priority was to protect profits.
Now, I knew retail investors panic selling would occur again toward the end of the bear phase, which can impact our portfolio. However, at this stage, we cannot take exit decisions because our portfolio is built around new and emerging sector stocks. If we exit due to panic now, re-entry will be extremely difficult, and we may miss the biggest wealth-creation opportunity when the next bull run begins.
If you do not understand why FIIs are selling and why retail investors panic sell, you cannot truly understand a bear market.
In a bear phase, even fundamentally strong stocks fall. If you do not clearly know why you bought a stock, you may exit good-quality stocks in panic. That is why, in 2026, every investor must clearly understand the reason for buying any stock. Conviction cannot be built using technical charts alone. You must understand the business, fundamentals, and future growth potential.
💥Stock market will be closed on January 15 in light of municipal corporation elections in Maharashtra.💥
In the December 2025 shareholding pattern of "Interarch Building Solutions," FIIs increased their holding from 5.81% to 7.22% during the December quarter, which indicates a bullish stance by foreign institutional investors on this stock.
"Jayaswal neco" Turnaround story stock strong recovery..🚀🚀
"Belrise Industries" , an auto ancillary stock, has not corrected much during this market crash and is showing strong relative strength.🚀
"Interarch Building Solutions" a multibagger stock strong recovery...🚀🚀
Market’s all-time high was largely the result of index manipulation by DIIs, and that it would not be sustainable. Over the last three months, this has become very clear—the index has slipped from its all-time high several times.
That is why I always say that trading during a bear phase is extremely risky. There is a very high chance of losing your entire capital if you rely only on technical charts during a bear market.
Since the beginning of this bear phase, I have clearly stated that in a bear market, the index never sustains above its all-time high. Even if it tries to cross the all-time high , FIIs eventually pull it down again—and that is exactly what has been happening.
This is the psychology of FIIs. They do not allow the index to sustain above its all-time high. Whenever the market attempts to break that level, FIIs sell aggressively and bring it down. We have seen this pattern repeatedly over the last eight months.
FIIs can easily pull down large-cap indices like the Nifty because they hold large positions in large-cap stocks. However, they cannot directly control small-cap and mid-cap stocks due to their relatively smaller exposure in those segments. Therefore, FIIs continue selling so that, after prolonged weakness, retail investors start panicking and begin selling small- and mid-cap stocks as well. This is known as retail investor panic selling.
Retail investor panic selling has intensified over the last two months, which is why small- and mid-cap stocks are experiencing more pain. This is the right time for those who do not understand how a bear market works to learn, so that in the next bear phase they are cautious rather than overconfident.
Slowly, everyone will realize why technical charts do not work in a bear market, why technical chart experts often appear confused during this phase, why traders lose their entire capital, and why many retail investors exit the stock market altogether during bear phases. This is the time to learn and understand the true nature of a bear market.
We are long-term investors, and we do not fear such market falls because we have invested systematically in emerging sector stocks. As soon as the market starts recovering, our portfolio will also recover strongly. We cannot stay away from this bear market even after knowing high volatility—building a portfolio is the only option during a bear phase if we want to generate wealth in the next bull phase. If we stay away from the market now, we will miss that opportunity.
Once the bull market begins, the first 1 year are crucial. This is the period when the biggest wealth can be created if your portfolio has been built properly. first 1 year is extremely important, because strong gains are possible when valuations are still reasonable.
On social media, most so-called experts say the market is falling because of Trump or geopolitical issues. However, they lack a real understanding of the bear market phase. To understand a bear phase, you need to think differently—old, outdated tools cannot tell you what will happen next.
For the last two months, small- and mid-cap stocks have been gradually moving into a correction phase, even when Trump was silent. In every YouTube video, I clearly said that we had entered the final stage of the bear market, where the market goes through its last and most painful correction. This phase begins when retail investors start selling in panic due to frustration.
This process started in November 2025 and is still continuing. I believe this correction will continue throughout January 2026 as well, with small pullbacks in between.
Once this correction is over, I expect FIIs to return strongly. Q3 earnings will be a very important trigger to attract FII investments.
That is why, if you truly want to understand the bear market, follow our channel. We guide you step by step from the beginning to the end of the bear phase—something most experts cannot do.
We are now in the last stage of the bear phase, which is the most painful because corrections are sharp and fast. In every bear market—whether in 2018–19 or 2022–23—the market corrected sharply before the next bull phase began. The same will happen in this bear market as well. History always repeats itself.💥💥
"Acutaas Chemicals," a multibagger stock, did not fall significantly during this market crash and is holding strongly above the ₹1,600 level.🚀🚀
I have been saying for the past year that before a bull market begins, the market must first fall—and that is exactly what is happening now. I clearly stated that index all-time highs are meaningless and that the market would correct before the next bull run starts.
Our market is underperforming not because of Trump, but because it is going through a necessary corrective phase to bring valuations back to normal levels. I have explained this in every one of my YouTube videos over the past year.
Small- and mid-cap stock valuations had become high. The correction in this segment began in November 2025 and is likely to continue through January 2026. Typically, this panic-selling cycle lasts for a minimum of three to four months. Therefore, I expect this correction phase to end within the next one to two months, after which we can expect a market rally.
Excessive SIP inflows have become a challenge for the market because they are preventing a proper correction. Due to large capital inflows, DIIs are supporting the indices, which is delaying valuation normalization. As a result, FIIs have only one way to reset valuations—by frustrating retail investors and triggering panic selling.
The final phase of every bear market is extremely painful, as this is when the market corrects sharply due to panic selling by retail investors who become exhausted after a prolonged bear phase.
FIIs will return only when valuations become reasonable or when corporate earnings begin to improve.
I believe January 2026 will be another month of correction. However, if Q3 earnings improve and there is positive momentum after the Budget, we may start seeing FIIs gradually return to our market.🚀
👉A new YouTube video will be released next Saturday, where I will discuss the future market outlook. I will clearly explain when I expect the next rally in the market.
So far, all our predictions during the 2025 bear phase have come true. In reality, making correct predictions during a bear market is extremely difficult due to high volatility. However, we had clearly stated that the market would not cross its all-time high—and this has proven correct. Over the last 2–3 months, the market has repeatedly slipped from its all-time high.
Stocks have been falling since November–December 2025 due to panic selling by retail investors, which has continued into January 2026 as well. This clearly shows the strength of our analysis.
Our predictions are correct because they are based on FII and retail investor psychology—an approach you will not find anywhere else.
Please read our daily market analysis on our free Telegram channel, where you will get a clear future market outlook. Since it is not possible for me to make videos every day.💥
Q3 result on 12th Jan 26
Krishana Phoschem Ltd
Anand Rathi Wealth Ltd
GTPL Hathway Ltd
HCL Technologies Ltd
Tata Consultancy Services Ltd
Q3 Result on 13th Jan 26 :
5paisa Capital Ltd
Raghav Productivity Enhancers Ltd
Navkar Corporation Ltd
Just Dial Ltd
Tata Elxsi Ltd
Bank of Maharashtra
Intense Technologies Ltd
Q3 Result on 14th Jan 26 :
Aditya Birla Money Ltd
Indian Overseas Bank
Union Bank of India
Rama Phosphates Ltd
Infosys Ltd
HDB Financial Services Ltd
