equity: ETMarkets Smart Talk: India remains expensive vs EMs but could still attract higher global flows: Rupen Rajguru, Julius Baer India
"Valuations, after very muted market returns and strong earnings growth over the past two years, have also turned reasonable, moving closer to the historical averages with Nifty trading at around 18.5x one-year forward earnings estimates. Overall market sentiment seems positive with broad market participation and healthy domestic flows, with the monthly SIP flows clocking $2 billion."
Source: indiatimes.com
