The fastest growing economy, stable political scenario at the centre, a push for long-term infrastructure growth, and a rising clout of the domestic and retail investors are some of major drivers for the stellar performance of Indian equities.
Avoid euphoric valuations, keep cash for better entry points: Pankaj Tibrewal
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South