Systemic risk in US market varies from Indian market: Parth Verma

On the podcast Konversation with Kushal, CA Parth Verma shared that sophisticated valuation models must be strictly adjusted for specific regional contexts. The basic perception of systemic risk in a highly mature market like US is radically different from an emerging market like India. Analysts must carefully calibrate their specific Equity Risk Premiums to fully reflect local volatility.