Equity valuations are unlikely to expand further unless there are surprises on the earnings front or developed economies do much better than expected, says Taher Badshah of Invesco MF
'The key risk for the market at this juncture, especially after this strong comeback, is the resurgence of the known risks of recent times, namely the rebound of inflation and geopolitical tensions'
Frontline indices could potentially see the downside of 5 - 7 per cent from current levels, says the chief investment officer for equities at Invesco Mutual Fund