Economic TimesLean R·
Indian equities could hit new highs next year: Aditya Birla MF
Mumbai: Aditya Birla Sun Life Mutual Fund expects Indian equities to scale fresh highs over the next year, betting that stronger earnings growth, a more stable rupee and a continuing pipeline of new listings will outweigh concerns around elevated valuations.However, the fund house cautioned that gains are likely to be more measured than in previous rallies."Elevated valuations are likely to keep the markets advancing gradually and make stock selection important," said Harish Krishnan, chief inv…
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