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indian market valuation: Markets have run ahead of fundamentals, time to be cautious

India is the shining star in the global stock market. The ones that didn t die post-Covid became immortal. Suzlon, Reliance Power, Reliance Infra, Jai Corp, Swan Energy, Idea Cellular, Imagicaa, Jai Prakash Associates, DB Realty and others have rallied 5-20x from their lows. And the ones that saw management changes like CG Power delivered 60x within 3years of being acquired. ....

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