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What Shankar Sharma Expects From India’s ‘Upside-Down’ Market
“You buy expensive, you make money. You buy cheap, you go bust.” That’s how Shankar Sharma sums up India’s equity markets today.
06 Feb 2020, 10:30 AM IST
“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...
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