Valuations have moved up; markets may be volatile in the near term, says Shibani Sircar Kurian of Kotak Mahindra AMC

Mid-cap and small-cap valuations in India are above their long-term averages, according to Shibani Sircar Kurian, senior EVP and head of equity research at Kotak Mahindra Asset Management Company. She warned that despite strong fundamentals, volatility could be expected in the near term.

Valuations have moved up; markets may be volatile in the near term, says Shibani Sircar Kurian of Kotak Mahindra AMC
Mid-cap and small-cap valuations in India are above their long-term averages, according to Shibani Sircar Kurian, senior EVP and head of equity research at Kotak Mahindra Asset Management Company. She warned that despite strong fundamentals, volatility could be expected in the near term.