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S Krishnakumar says: “I think consumer durables, building material, home improvement have been spaces where in the next couple of years, we will see very substantial growth and we would see the benefits of margin improvements coming through as the demand situation improves. Even in a big bull market, we will have substantial corrections of 8-10% happening every year across the next five years also. But I think the point is to be invested and ride the growth in earnings and compound your wealth by about 15%.” ....
Read more about Nearly 2 of 3 Nifty50 stocks at premium to historical valuations on Business Standard. The list of stocks trading at a premium is dominated by IT, pharma, and index heavyweight Reliance Industries ....