Top-performing India hedge fund says stocks have risen too fast

“At the current juncture, we believe that markets have run up ahead of fundamentals, we see significant pain in businesses on the ground,” Kamath said in an interview. “Still, the same is not accurately reflected in stock prices. Investors at this point have become a bit too callous and are ignoring underlying fundamentals.”

from Stocks-Markets-Economic Times https://ift.tt/2Yfaj8w