Is Indian market over valued?
30 Dec 06
It is over optimissim. If u go by the history of developing market like India, I am comfortable that this growth is not a real one. U mean to say Indian market all of sudden grown by 110%? Is it possible? Going by the valuation of various stocks spread across various industries, most of them are overvalued. So I cannot support ur point.
23 Dec 06
If we go by the history it may be over valued. The future is tricky. The market as a whole is a different thing but there are many individual stocks which can still give above average returns. Select mid cap stocks and certain leading stocks have the potential to out perform. Sectors which have scope are Retail, Power, power equipment, banking, software/hardware companies.