Zee Media Bureau
New Delhi: The latest Nomura report warns that the Indian stock market will remain vulnerable to global risks, also face disinterest of investors until the health of corporate earnings revives.
The report indicates that one of the biggest concerns plaguing the Indian market is high valuations and it puts it in ‘únderweight’ category as of now.
"We stay underweight on India for now," it added.
The global brokerage firm said that some of its biggest concerns on the Indian stock market include, high valuations, unrealistic earnings growth and high expectations for reforms.