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Kotak Institutional Equities CEO and Co-Head Pratik Gupta says the recent correction has made largecap Indian stocks more attractive, but a sustained rally depends on lower crude oil prices, easing global bond yields and stronger earnings growth. He also says changes to capital gains taxation could improve India's…
The key issue is that high-growth mid/small-caps are stretched on valuation right now, while rest of the market appears relatively cheap, said Bharti AXA Life Insurance's CIO Rahul Bhuskute