Indian equities not overly expensive, reflect growth prospects, says Ben Powell of BlackRock Investment Institute

Powell says India could gain from the rewiring of global supply chains, even with uncertainty around future US policies. He does not see elevated P/E ratios as a reason to scale back equity exposure.

source https://www.livemint.com/market/stock-market-news/indian-equities-ben-powell-of-blackrock-investment-institute-gold-etf-us-uk-bank-of-england-pe-ratio-upi-aadhaar-11737270233185.html