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    EconomyMedium

    ETMarkets Smart Talk| Nifty50 at record highs but portfolios still bleeding? This is a 2018-like phase, says Harish Krishnan

    9 December 2025
    Economic Times
    1 min read
    UPSCSSCBANKINGSTATE-PSC

    Market expert Harish Krishnan anticipates financials and consumption to lead by 2026, similar to the 2018 market phase.

    Summary

    According to Harish Krishnan of Aditya Birla Sun Life AMC, the current market scenario resembles 2018, despite Nifty reaching record highs. He predicts a shift in sector leadership, with financials and consumption themes expected to drive growth by 2026.

    Key Points

    • Nifty is at record highs.
    • Many investors' portfolios are showing losses.
    • Harish Krishnan compares the current market to 2018.
    • Financials and consumption themes are expected to lead by 2026.
    • Valuations are considered to be in a fair-value range.

    Full Article

    Despite Nifty hitting record highs, many investors see portfolios in the red. Harish Krishnan of Aditya Birla Sun Life AMC likens the current market to 2018, expecting a sector leadership shift. He anticipates financials and consumption themes to lead in 2026, with valuations in a fair-value range.

    #business#economy#upsc#banking#ssc#rbi
    ETMarkets Smart Talk| Nifty50 at record highs but portfolios still bleeding? This is a 2018-like phase, says Harish Krishnan | Economy Current Affairs | KarmSakha