FPIs may have to accept India's rich valuation to tap its growth: Krishna Memani

"Indian markets, though relatively expensive globally, are expected to maintain consistent investment flows due to promising growth prospects and FDI dynamics. While inflows will persist, they may not be as rapid as in cheaper markets. The valuation landscape in India is primarily influenced by domestic factors, such as the shift of investors from real estate to stocks, which is still in its early stages. This trend will likely continue and provide valuation support independent of foreign investors."

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