A man looks at a screen displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai. (Photo: Bloomberg)
As macroeconomic factors shift in favour of emerging market economies, especially those in Asia, the high valuations of India’s equity markets may finally be justified for the "first time in a long time”, according to Andrew Holland.Asia’s likely to be the growth engine of the world in coming years, led by China and India, said Holland, chief executive of Avendus Capital Public Markets Alternate Strategies that operates the largest c...