Nikhil Kamath says 90% of his investments are in equities

Zerodha Co-founder Nikhil Kamath said 90% of his investments are in equities, citing attractive valuations across several Indian sectors despite a weak stock market. The Nifty 50 has fallen 13.24% in 2026, lagging global peers such as South Korea's Kospi and the S&P 500. Kamath said quality banking, IT services and pharma stocks are available at 11-13 times earnings.