From last six months we have argued that this market is due for a correction, valuations are looking slightly stretched and the markets have not obliged. With each passing day, the market valuations are getting richer and they are now trading at levels which we have never seen before. Why are markets not correcting? The market seems Teflon coated!
Markets are driven by three things – money flow, sentiments and fundamentals. In terms of money flow, today in India retail and HNI ..