Although valuations are high, the current rally is driven by liquidity, pushing everything else away. (Image: REUTERS) Warren Buffet’s favourite stock market indicator has shot above its long term average …
Tag:
gauge
-
- Business
Warren Buffett’s favourite share market gauge says India stocks overvalued; cross 2008 levels
With valuations stretched and markets at all-time highs, analysts suggest investors to stick to large-cap stocks. Indian share markets have now entered the overbought territory, going by billionaire investor Warren …