In a chat with NDTV Profit's Ashutosh Sharma, Apurva Shah, Head - Investment Research, BNP Paribas AMC, said that the market is reasonably valued from a long term perspective. "Our long term valuations maybe lower than averages but the fact is that is our growth. If you balance this out, I think the valuations are reasonable and attractive," he added. He is overweight on private sector banks.
