Axis AMC’s Ashish Gupta says IPO pricing cuts and rising stake sales are reshaping market valuations

Axis AMC CIO Ashish Gupta says the Indian market’s struggle is driven by heavy equity supply rather than foreign investor selling, as IPOs and stake sales together exceed $60 billion this year. He expects strong 15–16% earnings growth across sectors in 2026, which could help stabilise market sentiment.

Leave a Reply

Your email address will not be published. Required fields are marked *