Why Indian market won’t fall much & will always be a bit expensive

“Indian markets are always expensive on the PE ratio or on any other parameters. In an economy India's size, which is expected to grow at around 6%, the market would not be cheap even though the foreign investors have been exiting. If an economy has to grow at almost the highest rate in the world, then that is where the money will come in, making the market expensive.”

from Stocks-Markets-Economic Times https://ift.tt/2TkMoCF
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