Nifty at 21x earnings, IT stocks at 2008 valuations: Pankaj Murarka says once-in-a-bull-market buying opportunity post correction

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Despite near-term pain from the West Asia war and oil shock, high-quality Indian stocks are now offering genuine value after six years of a bull market. CIO Pankaj Murarka believes the market has corrected to its long-term average valuation, presenting a significant opportunity for investors looking beyond the next few quarters.