Nifty vs gold: 2026 could mark the big mean reversion trade, says Axis MF’s Shreyash Devalkar

September 28, 2025

After a year where gold and silver dazzled investors, Axis MF’s Equity Head Shreyash Devalkar believes 2026 could mark a turning point. With earnings recovery, sectoral rotation and supportive macros lining up, he argues Nifty may finally outshine precious metals, setting the stage for a classic mean reversion trade.

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