Economic recovery will lead to broader market rally: Rahul Singh of Tata MF

In a Q&A, the CIO-Equities of the fund house says the movement of the dollar and global crude prices will be key factors to watch out for going ahead

While the large caps seem to be in the fair value range, an economic recovery led by liquidity and manufacturing revival, will lead to broadening of market rally, says Rahul Singh, CIO-Equities, Tata Mutual Fund. In an interview with Ashley Coutinho, he says the movement of the US dollar and global crude oil prices will be important factors to watch out for going ahead. Edited excerpts:

Indian equities are now trading at all-time highs. Has the market run ahead of fundamentals and are we seeing froth emerging in some parts of the market? 

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