Will Buy Into India If Markets Correct Further: Peter Elston
  • Saba Ashraf
  • Aug 16 2013

August 16: Keeping in mind the recent downtrends, will the Indian market head lower? “India’s premium has significantly fallen among emerging markets but its valuations are still reasonable,” says Peter Elston, Head of Asia Pacific Strategy & Asset Allocation at Aberdeen Asset Management Asia. Some sectors’ valuations are still expensive and there may be a possible decline in India’s valuations going ahead, he adds.