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Raamdeo Agrawal: Do not judge this market by its PE ratio

The Indian market has been on a upward ride ever since it crashed to 52-week lows of about 6,800 in February. Having risen about 30 percent since, it has led some analysts to wonder if the market has become expensive, especially since the long-awaited real turnaround in earnings is yet to take place.

first published: Aug 31, 2016 01:10 pm

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