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In a Q&A, Aditya Narain says India's valuations have come off but are still more expensive than other markets. Also, downward pressure on earnings makes the environment uncertain
While the market has weakened from its high, it is up significantly over the year, and is trading at multiples that are well above its mean, says Aditya Narain of Edelweiss
At Edelweiss, he will report to Nischal Maheshwari, head of institutional equities
Narain to take over as head of research for the domestic brokerage's institutional equities business
He will report to Nischal Maheshwari, head of institutional equities at Edelweiss