His stance comes even as Indian equities remain richly valued, with the Nifty trading at around 20-21 times trailing earnings. Khandelwal acknowledged that valuations are not cheap, but said they need to be considered alongside the earnings outlook. from NDTV Profit - Latest https://ift.tt/I7zGiXY His stance comes even as Indian equities remain richly valued, with the Nifty trading at around 20-21 times trailing earnings. Khandelwal acknowledged that valuations are not cheap, but said they need to be considered alongside the earnings outlook.
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