A fall in domestic inflation and an improved current account deficit, along with a new reform-minded government, have been the key factors driving the market. “In spite of the rally, the market is not trading at valuations higher than its long-term average. Excess optimism has not been factored into current prices,” Rajah said in an […]
Tag: Indian Equities
Prospects of Indian equities still bright
The government’s efforts to support economic growth and the easing of inflation should provide long-term support to local shares, said Manish Bhatia, Schroders Indian equities fund manager.
