India's valuations & returns big concerns: Credit Suisse

Indian companies' valuations and falling return on equities (ROE) are big concerns, says Sakthi Siva of Credit Suisse. Speaking exclusively to CNBC-TV18's Nimesh Shah from the sidelines of 19th annual Credit Suisse Asia Investment Conference in Hong Kong, Siva says the firm is underweight on India after Australia."Every time the premium of India has gone to 50 percent, it has historically underperformed regionally," she says.However, she continues to be long on Indian information technology (IT) and has a constructive view on the US economy. Watch video for more