The Indian stock indices are experiencing a strong rally despite concerns from analysts about high stock valuations. Recently, both the benchmark Sensex and Nifty reached fresh highs, with the Sensex just below the 67,000 mark and the Nifty at 19,793 points. Over the past month, they have collectively gained about 6 percentage points. While some analysts have expressed doubts about further gains due to the elevated valuations, factors like consistent foreign portfolio funds inflow, a positive economic outlook, strong global markets, and moderate inflation have contributed to the current bull run in Indian stocks. VK Vijayakumar, Chief Investment Strategist at…
