Markets at record highs on rate cut hopes, but are high valuations justified?2 min read . Updated: 14 Jul 2017, 02:31 AM IST
India's premium valuation is still a concern for analysts despite the Sensex and Nifty reaching all-time highs
Benchmark stock market indices hit lifetime highs again on Thursday as record-low inflation and a sharp dip in factory output growth spurred investor expectations of a rate cut by the Reserve Bank of India (RBI).
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