Quality Stocks Remain Expensive: Prashant Jain
  • Elizabeth George
  • Sep 30 2013

September 30: Everyone understands how the markets are positioned, says Prashant Jain of HDFC Mutual Funds. An optimist would move away from the high-quality stocks, but pessimists would veer towards high-quality stocks, he says. When interest rates start moving lower, there will be more appetite for risks and we will see more moderate valuations for quality stocks, he says, but adds that opinions differ on when this will happen.