Home / Business / Money / Indices all-time highs can’t be linked to valuations: Bain

Indices all-time highs can’t be linked to valuations: Bain

Amit Chandra of Bain Capital says despite the indices hitting new all-time highs every other day, retail participation in the market has been low.

After five awful years, things are finally looking better for the private equity industry in India. But Amit Chandra of Bain Capital says the PE investment cycle will take atleast another year to kickstart in full earnest. It will ofcourse depend on economic turnaround and whether the buoyancy in the Indian equity markets can continue.

He believes despite the indices hitting new all-time highs every other day, retail participation in the market has been low. However, he adds that these all-time highs cannot be linked to valuations.

Chandra says the Indian corporate sector is coming out of the sluggish earnings cycle that it has been plagued with for some time now. He is a big fan of investing in mutual funds .

Stay tuned for more…

Leave a Reply

x

Check Also

Rupee recovers 6 paise to 67.01

The rupee today recovered some lost ground by rising 6 paise to ...

Notes ban to have positive impact on economy

NEW DELHI: The government’s demonetisation move has led to widespread adoption of ...