Gautam Chhaochharia, Head of Global Markets, India, and Sunil Tirumalai, Head of EM & Asia Equity Strategy at UBS Securities believe the ongoing consolidation is partly due to high valuations and modest earnings growth.
Gautam Chhaochharia, Head of Global Markets, India, and Sunil Tirumalai, Head of EM & Asia Equity Strategy at UBS Securities believe the ongoing consolidation is partly due to high valuations and modest earnings growth.