Visitors ride the Tatsu roller coaster at Six Flags Magic Mountain in Valencia, California, U.S. (Photographer: Patrick T. Fallon/Bloomberg)
“You buy expensive, you make money. You buy cheap, you go bust.”That’s how Shankar Sharma sums up India’s equity markets today. “Most things are upside down most of the time in India, and stock valuations more so,” said the veteran investor in an interview with BloombergQuint. He doesn’t see that changing anytime soon.India’s benchmark indices have been scaling new records in the last year as investors piled into heavyweights amid un...