term averages offer comfort; financials, healthcare attractive: Prashant Khemka

HomeMarket NewsMarkets at long-term averages offer comfort; financials, healthcare attractive: Prashant Khemka Markets at long-term averages offer comfort; financials, healthcare attractive: Prashant Khemka Prashant Khemka of WhiteOak Capital says financial services remain the firm’s largest allocation, with peak pessimism in NBFCs creating opportunities as asset quality stabilises and valuations stay attractive. Indian equity markets may have delivered muted returns over the past year, but current valuations are offering investors a far more comfortable entry point, according to Prashant Khemka, Founder of WhiteOak Capital Group, which manages assets worth nearly $10.8 billion. Speaking on CNBC-TV18’s Editors’ Roundtable, Khemka said the market…