Valuations Stretched But Deep Correction Unlikely: Ajay Bagga
PUBLISHED ON: August 21, 2014 | Duration: 13 min, 11 sec
Ajay Bagga, chairman of OPC Asset Solutions, says that huge global liquidity is finding its way into India but the valuations of top-end stocks are stretched. Market has discounted a lot of growth which is yet to come in, he added.
