Is Indian Stock Market Overvalued Or Under Valued Compared To Peers?

BTTV's Shailendra Bhatnagar and Sakshi Batra in an exclusive conversation with Vetri Subramaniam in the Market Master series discuss the value of Indian markets compared to their global peers. He believes that analysts view Nifty valuation based on its past performance. He foresees Nifty valuation in the positive zone, close to neutral, especially for large caps. He sees discomfort in the mid and small caps rather than fair value. Here’s an excerpt from that conversation