Despite muted index returns and significant FII outflows, the Indian equity market's underlying economy shows resilience with healthy earnings growth. Axis AMC's Shreyash Devalkar highlights AI-driven FII exits and suggests large caps offer valuation comfort but limited growth. He favors mid and small caps for structural growth themes, though valuations are elevated. SIPs remain the preferred investment strategy amidst ongoing macro uncertainties.
Despite muted Nifty returns and significant FII outflows over two years, the Indian equity market's underlying economy shows resilience with healthy earnings growth. Shreyash Devalkar of Axis AMC attributes FII exits partly to AI and finds large caps offer valuation comfort but…
Market Samachar is a news aggregator. This article was originally published by Markets-Economic Times. Tap the button above to read the full story on their site.