His stance comes even as Indian equities remain richly valued, with the Nifty trading at around 20-21 times trailing earnings. Khandelwal acknowledged that valuations are not cheap, but said they need to be considered alongside the earnings outlook.
His stance comes even as Indian equities remain richly valued, with the Nifty trading at around 20-21 times trailing earnings. Khandelwal acknowledged that valuations are not cheap, but said they need to be considered alongside the earnings outlook.
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