Stocks euphoria in India draws warning from top-performing fund

Sailesh Raj Bhan, CIO of Nippon Life India Asset Management, is cautious about the exuberance surrounding Indian stocks as the market continues to rally. Bhan finds it increasingly difficult to find opportunities in the market, which has just hit record highs. He is particularly concerned about the boom in small- and mid-cap stocks.

Sep 18, 2023 - 16:30
Stocks euphoria in India draws warning from top-performing fund
Sailesh Raj Bhan, CIO of Nippon Life India Asset Management, is cautious about the exuberance surrounding Indian stocks as the market continues to rally. Bhan finds it increasingly difficult to find opportunities in the market, which has just hit record highs. He is particularly concerned about the boom in small- and mid-cap stocks.