Markets may consolidate for a year; current large-cap valuations reasonable: Bandhan AMC's Karthik Kumar

Indian markets could remain in consolidation mode for up to a year, although current large-cap valuations are reasonable for investors with a medium- to long-term horizon, according to Karthik Kumar, Senior Vice President at Bandhan AMC.“Consolidation for a year is, I think, a fair — it's a possibl…