Despite current expensive valuations, Indian market still holds significant upside in the longer term: Meeta Shetty

With stronger balance sheets, fiscal stability and liquidity measures from the RBI, the growth should recover leading to double-digit earnings growth over the next two-three years, said Meeta Shetty, Fund Manager, Tata Asset Management, in a conversation with businessline. “We might experience sideways movement in the near term, the structural factors supporting the economy make the market attractive for long-term investors,” she added.