Momentum continues to remain strong; stretched valuation the only concern for markets: Vikas Khemani

In an expert view article, Vikas Khemani highlights the strong momentum in the Indian stock market, driven by sustained investor interest and positive economic signals. Despite this, he warns of stretched valuations which could pose risks. Khemani suggests that while the market’s bullish trend continues, investors should be cautious of potential corrections due to high valuation levels. The current market strength reflects robust economic fundamentals and confidence, but vigilance is necessary to manage the risks associated with overvalued stocks.