Neutral impactResults
Markets may consolidate for a year; current large-cap valuations reasonable: Bandhan AMC's Karthik Kumar
CNBC-TV18 57 min ago·25 Sept 2026, 10:38 am
Bandhan AMC's Karthik Kumar suggests the current market rally may face a period of consolidation lasting about a year. He views large-cap valuations as reasonable, which could offer a stable base for investors. This outlook implies a shift from rapid growth to a more measured market environment.
The fund house is adopting a cautious approach, particularly in the insurance sector, due to regulatory uncertainty and concerns over earnings visibility. Despite this, the AMC remains selective, maintaining exposure to banks while favoring capital-market plays for the longer term. This strategy highlights the importance of sector diversification in uncertain times.
For investors, the key takeaway is to stay selective and focus on quality large-cap stocks. Monitoring regulatory developments and earnings reports will be crucial. The AMC's strategy suggests that while IPOs and specific themes may offer opportunities, a balanced portfolio remains essential for navigating the anticipated market consolidation.
Key takeaways
- Category: Results.
- Assessed as a significant, market-relevant update.
Why it matters
A meaningful update worth tracking. Use the price and stock snapshot to gauge how the market is responding.
