Valuation discomfort not as acute as it was 6 months ago: Prashant Khemka

'Chasing sectors which have reported strongest earnings not the right strategy always,' he says

Abhishek Kumar Mumbai
Prashant Khemka, Founder, WhiteOak Capital Management

Prashant Khemka, Founder, WhiteOak Capital Management

Listen to This Article

The recent run-up in the equity market hasn't strained valuations and it does not call for any "extraordinary caution", says Prashant Khemka, the founder of WhiteOak Capital Management. It makes sense to remain invested as timing the market is more luck than science, Khemka told Abhishek Kumar in an interview.
Here are edited excerpts from the interview.
Overseas investors have turned strong buyers of Indian equities after a period of sell-offs. What reversed the trend?

Also Read

Is the Indian stock market losing steam?

Recap FY23: Five key events that shaped equity markets this fiscal year

AIF applications pile up due to rejig at Sebi, even as regulator turns wary

Overseas investors oppose Sebi's data localisation norms, cite cyber risk

Share of NRIs, overseas investors in mutual fund assets declining

Doors not shut for funding airlines; strong players creditworthy: BoB CEO

Semiconductor chip prices are up 50%: Bajaj Auto EV head Eric Vas

ONGC to invest $7 bn to reverse dip in oil & gas production: Sushma Rawat

No plans to sell stake in consumer healthcare biz: Sanofi India MD Hrosz

India can repeat UPI success in e-commerce: Walmart CEO Doug McMillon

First Published: May 17 2023 | 7:18 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to