valuations: We feel cos’ earnings run will justify valuations: Mugunthan Siva

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Indian stocks are still attractive to foreign investors despite the benchmark indices being at all-time highs, said Mugunthan Siva, managing director at India Avenue Investment Management (Australia), a boutique investment firm.

Synopsis

Indian stocks are still attractive to foreign investors despite the benchmark indices being at all-time highs, said Mugunthan Siva, managing director at India Avenue Investment Management (Australia), a boutique investment firm.

Indian stocks are still attractive to foreign investors despite the benchmark indices being at all-time highs, said Mugunthan Siva, managing director at India Avenue Investment Management (Australia), a boutique investment firm. In an interview on the sidelines of Motilal Oswal’s Annual Global Investment Conference, Sydney-based Mugunthan said he is bullish on the Indian technology space but has reduced weightage in banks substantially because

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