"The SIP numbers have continued to be very-very strong and sticky. So. no issues in terms of sentiments or liquidity. Just that higher levels obviously the valuations are high. So, to that extent, I think in the very short term, there is no room for disappointment."says Harsh Upadhyaya, CIO, Equity, Kotak AMC.
Where do we go from here?I mean this market is no longer cheap, but this market is not expensive.So, what happens now?
I think you rightly put it. The undertone continues to be quite bullish. So, from that perspective, there are no concerns. Liquidity continues to be very strong. We have seen about $10 billion of FII money coming into Indian markets this quarter.
