Markets supported by liquidity, but valuations running ahead of fundamentals: Sameer Dalal

May 19, 2026

Indian markets are supported by strong domestic liquidity, but valuations are questioned against fundamentals and growth expectations. Sameer Dalal of Natverlal & Sons Stockbrokers remains cautious on earnings visibility for FY27, while favoring long-term prospects in banking and real estate, advising caution on metals.

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