Ajit Menon, chief executive officer of DHFL Pramerica Mutual Fund
The fall in global liquidity with the end of restriction on money supply needs to be watched closely, says Ajit Menon, chief executive officer of DHFL Pramerica Mutual Fund. In an interview with Ashley Coutinho, he says valuation of indices are at the current levels due to extreme overvaluation in certain pockets but not all segments are at historical highs. Edited excerpts:
What is your outlook on the market for the year ahead?
Our local micros are improving, headwinds in the form of challenging macros are transforming into tailwinds. But the other phenomenon that needs to be watched
First Published: Jan 02 2019 | 10:52 PM IST