Nifty To Take Breather Before New Highs, Emmer Capital Says

While CLSA believes the Nifty could touch new highs in the near term, Manishi Raychaudhuri, the chief executive officer or CEO of Emmer Capital Partners, strikes a more measured tone. Speaking to NDTV Profit, Raychaudhuri said that although India's long-term outlook remains strong, the index may not outperform in the immediate future due to elevated valuations and muted earnings estimates.