Markets #markets#fair value
We are nearing a fair value zone, says Elara Capital's MD, Harendra Kumar
Harendra Kumar, Managing Director of Institutional Equities at Elara Capital, stated that India is approaching a fair value zone after two years of muted returns. He highlighted potential for foreign institutional investor (FII) course correction, citing India's low MSCI weight and a bottomed-out rupee. Kumar also discussed sectoral flows, IPO pipeline dynamics, and the impact of geopolitical tensions on markets.
Jul 8, 2026 1 source