Market is reasonable, neither expensive nor cheap: HDFC AMC

Prashant Jain, Executive Director & Chief Investment Officer at HDFC Asset Management Company Ltd believes the market is neither expensive nor cheap, its reasonable.

The current 7-8 percent correction in the market is very normal level of correction for equities. He sees nothing out of place in it.

Expect mid-teen returns from Indian market: Abakkus Asset Management

According to him, the economic outcome of India is better than what it was pre-COVID. The growth outlook is good. Over time one should look at average kind of returns in these markets.