Axis Mutual Fund’s Shreyash Devalkar said Indian equities are facing valuation pressure as most investment themes are already priced in. He is focusing on growth continuity and GARP opportunities, especially in potential turnaround sectors such as banks, lending, and parts of autos. He highlighted risks in high-valuation sectors, evolving consumption patterns in QSRs, and said inflation and policy cues will be key factors to track going ahead.
