News Snapshot:
Sonal Varma , MD & Chief Economist (India and Asia ex-Japan) Saion Mukherjee , MD & Head of India Equity Research, Nomura, in conversation with ET Now . How are you looking at the overall valuation for the Indian equity markets? Sonal Varma: Globally, a few factors have surprised us. One, the pace of recovery has been much stronger than expected across-the-board, notwithstanding the more recent virus-led wobbles in some of the developed economies. Two, particularly for India, the containment of Covid-19 has been a positive surprise and that has enabled continued normalisation in activity because that is something that...
