 "Dipen Sheth, head - institutional research at HDFC Securities")
With the markets already at all-time high levels, DIPEN SHETH, head - institutional research at HDFC Securities tells Aprajita Sharma that the momentum is running high on a heady mix of expectations, especially around government policies and actions such as NPA resolution, GST and RERA. This, he says, will sustain if corporate earnings grow, going ahead. Edited excerpts:
Do you think the prevailing market valuations are overestimating the earnings rebound and we may see a reality check soon? Where do you see Sensex and Nifty headed in CY17?
It is not about overestimating the earnings rebound, as much as it is about
