We Believe Markets Still Need a Proper 10-15% Correction: UTI AMC’s Ajay Tyagi
Ajay Tyagi, Chief Executive Officer of UTI Asset Management Company (AMC), has stated that Indian equity markets are due for a 10-15% correction to bring valuations back to sustainable levels. His remarks come at a time when indices have been hovering near record highs, raising concerns about stretched valuations and the need for healthy consolidation….