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Gone are the days when investors had to fear about flows going out of India, says Gaurang Shah, head investment strategist at Geojit Financial Services in an interview with Aprajita Sharma. Whether or not the US Federal Reserve revises interest rates, it may matter little to the domestic market as retail investments through the SIP route will go to record high levels, Shah says. Edited excerpts:
Can you draw the difference between valuations in 2014 when PM Narendra Modi stormed to power, and now? Do you think the prevailing valuations are factoring in reforms and a smart recovery in earnings?
Can you draw the difference between valuations in 2014 when PM Narendra Modi stormed to power, and now? Do you think the prevailing valuations are factoring in reforms and a smart recovery in earnings?
