“Maintains a cautiously constructive outlook on Indian equities, advising investors to build positions gradually in high-quality companies with strong earnings visibility over a 12-18 month horizon. This strategy is supported by Brent crude falling to $73/barrel, eased bond yields, and the Nifty 50 trading near its long-term average valuation of 18 times forward earnings, with liquidity to be deployed during market declines.”

Axis Securities Analysis’s track record (trackable calls only): 14 graded calls · 95% CI 8–48%