India remains an attractive investment destination, says Gokul Laroia of Morgan Stanley
Updated: 07 Jun 2022, 10:49 AM IST
TL;DR.Laroia added valuations are stretched. On a relative basis, India trades at 19 times earnings. MSCI EM trades at 10 times earnings, China trades at 9 times earnings.
Laroia pointed out that high cost of energy, food, fertiliser, interest rates and reduced liquidity will have an impact. Photo: Pixabay