Everyone’s asking if a correction is coming but what if the market is simply catching its breath? Top fund managers explain why some of the fears may be exaggerated.
Over the past 12 months, India has lagged several major markets even as global equities rallied. The divergence began around the time China announced its stimulus last year, pulling foreign flows away from India just as valuations here were peaking. Investors are wondering whether Indian markets are on the verge of a deeper correction.
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