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A 99.94 record’s not ruled out, but Don had a few ducks, too
Domestic flows are expected to remain firm, while global flows seem to be a bit apprehensive about higher valuations. They have a choice of buying 'sundar' (a market like India which has given better returns but is trading at expensive valuations) or 'sasta' (markets like China, Brazil, South Africa, and Russia which are trading at cheap valuations). It is a difficult choice.