Uday Kotak says Indian markets 'nowhere near bubble territory' days after SEBI Chief flags froth
Uday Kotak says that the Indian stock market is nowhere near bubble territory but raised concerns over the presence of 'some frothiness'. Uday Kotak's statement comes days after Sebi chairperson Madhabi Puri Buch raised concerns over frothiness in small and midcaps. While he acknowledged the presence of some 'frothiness and bubbliness', Uday Kotak emphasises that it is not yet out of control. Watch!