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Cheap Valuations Alone Won’t Attract Investors: Tai Hui

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September 10: Corporate valuations have corrected in recent weeks and India faces new challenges on the consumer confidence and investment front, says Tai Hui, Chief Market Strategist Asia at JPMorgan Funds. He says the banking sector outlook is challenging in the near term, with the economic slowdown and asset quality woes heaping pressure on banks. He also expresses optimism on export-oriented sectors like IT but points to a lack of triggers for infra recovery.