'That only fundamentals matter in investing is a big myth'

At quant, our predictive analytics showcase complacency in the US markets and gold. In India, market participants are more sceptical, though not fearful. Here, valuations are high and relatively stretched compared to EMs (emerging markets), particularly China. Yet, absolute valuations are not as expensive to say that the Indian markets are peaking out.

This article was originally published on November 05, 2024.