India definitely richly valued; but still is a paradise for picking stocks: Porinju Veliyath

economictimes.indiatimes.com:

«Many people may be feeling getting carried away with the kind of wealth being created in India as an equity investor, this is something once in a century kind of thing happening and when we feel this is likely to continue for next 5, 10, 20 years, that is more exciting,» says Porinju Veliyath, Equity Intelligence India.

But like they say on when it is birthday, that means gifts and gifts for ET Now means gifts for ET Now viewers. And gifts from Porinju is always is if you give stock ideas and tips.
I think, investors have been very-very blessed and happy in the last many years, especially after the COVID. I used to always use this word lucky, lucky to be in this profession, lucky to be in this domain. It is not a small thing. Many people may be feeling getting carried away with the kind of wealth being created in India as an equity investor, this is something once in a century kind of thing happening and when we feel this is likely to continue for next 5, 10, 20 years, that is more exciting.

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So, we all are in a sweet spot, equity market, the investors, the traders, the whole country, this economy. Of course, there are challenges. So, somebody was talking the other day what are the challenges today? I think rural stress. This is something could be the focus of the new