Reforms needed to boost investment: Sanjeev Prasad
In an interview to NDTV Profit, Sanjeev Prasad, Institutional Equities, Kotak Securities, said that the valuations are rich as far as Indian markets are concerned despite investment interest in India not being very high. "We need to signify if we are taking up taxation, power sector or subsidy reforms to improve investment climate," he said. He finds large caps expensive at this level.
