India’s Tech IPOs Look Too Pricey. How to Play the Stock Market’s Momentum

Venkat Pasupuleti, Co-Portfolio Manager for the India Strategy at Dalton Investments, was recently quoted in Barron’s discussing India’s stock market rally and Indian tech stocks with high valuations. According to Pasupuleti, he “prefers the relative safety of large financials like ICICI Bank (IBN) and Axis Bank (5322 15.India).” “The momentum in this market can run for a few more years,” he says.

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