The June quarter earnings season, which began on July 9 with Tata Consultancy Services (TCS) kicking off the results cycle, is set to gather momentum this week. Corporate earnings are expected to grow around 10%, marking the strongest expansion in four quarters. On July 16, as many as 41 companies are scheduled to announce their June quarter results, according to the BSE earnings calendar.Key companies reporting later in the day include Jio Financial Services, Wipro, Tech Mahindra, ITC Hotels, Newgen Software, Polycab India, Muthoot Capital Services, South Indian Bank, WeWork India, SW Solar, Piramal Finance, Nelco, BHEL, 360 One, CEAT and DB Corp. Results from companies across IT, financial services, FMCG and manufacturing will be closely tracked for insights into corporate performance, domestic demand and the outlook for key sectors.The pace of earnings will accelerate through the week, with around 143 companies slated to report their June quarter numbers. On July 17, key earnings will come from Reliance Industries, RBL Bank, Federal Bank, Tata Technologies, Havells India, JSW Steel, Oberoi Realty and Poonawalla Fincorp. Spanning conglomerates, steel, banking and real estate, these results are expected to offer a broader view of sectoral trends.On July 18, the focus will shift to major lenders, including HDFC Bank, ICICI Bank, Kotak Mahindra Bank, YES Bank, Axis Bank, Can Fin Homes and Indo Cotspin. Investors will closely watch loan growth, asset quality and capital adequacy as these banks announce their quarterly results. (Note: If this is the June quarter, it should be Q1FY27, not Q2FY26.)Market outlookWall Street major Goldman Sachs expects the Nifty 50 to rebound to 26,500 by June 2027, above its current record high of 26,373, as it turns more constructive on India following an improvement in the macroeconomic backdrop.The brokerage said lower commodity prices, a stable currency, resilient domestic growth, healthy second-quarter earnings expectations and a potential recovery in select domestic sectors have improved the outlook for Indian equities."We see room for the Nifty to recover towards our June 2027 target of 26,500, implying a 10% upside from current levels following a 9% drawdown in the first half," Goldman Sachs said.The brokerage expects a shift in market leadership in the second half of the year, with investors rotating from growth stocks to value plays. It noted that valuation de-rating weighed on market returns in the first half amid concerns over an economic slowdown, while growth stocks outperformed due to the scarcity of earnings.Looking ahead, Goldman Sachs expects investors to increasingly favour reasonably valued segments as expectations of an economic recovery improve. It also believes that as foreign outflows reverse in the second half, the biggest beneficiaries are likely to be the most-sold and attractively valued pockets of the market, particularly large-cap stocks and banks.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)