Business Standard

Sustaining The Rally

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Devangshu Datta BUSINESS STANDARD

To experienced investors, the current rally looks increasingly like the beginning of a genuine bull market rather than just irrational exuberance.

Prices have gone up in tandem with rising corporate profits and valuation models would suggest that the market remains underpriced in comparison to its peers.

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First Published: Jun 28 2003 | 12:00 AM IST

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