Market weakness overplayed: Earnings, valuations still support a rally, says Karthik Kumar, Axis MF

Axis Mutual Fund’s Karthik Kumar says recent market weakness is not a trend, highlighting strong earnings, supportive valuations and long-term growth prospects. He sees current dips as buying opportunities and remains bullish on financials, autos and quality growth stocks, while staying selective on healthcare and underweight IT and new-age tech due to limited visibility.