Indian equities have experienced an extraordinary surge in recent years, with large-cap stocks delivering remarkable returns over the past decade. The remarkable double-digit percentage growth witnessed in the last year has been particularly striking, even by India’s standards of rapid economic expansion. As a result, price-to-earnings ratios have reached unprecedented heights, surpassing previous records.
It’s essential to acknowledge that past successes do not guarantee future performance, and investors should exercise caution when making decisions. No investment advice or recommendations are being offered, and individual circumstances should be carefully considered before making any investment choices. The views expressed above are those of the author and may not reflect the opinions of Seeking Alpha as a whole.
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