Superstars for too long: Time to move away from India, US equity markets?

Investors face a crucial decision. While the US equity market may face short-term underperformance, the jury is still out on India's potential

The dilemma most investors currently face is what to do with the US and India. These two have been the best-performing equity markets in the world over the last 30 years, but they are currently the two most expensive. Should one believe in regression to the mean, and move away from these two equity markets in the belief that valuations always return to the mean? They have outperformed for too long — is it time for other markets to shine? Or should one continue with the momentum? The US and India have delivered the best returns in