<ul data-eligibleForWebStory="false"><li>FIIs are finding Indian equities to be expensive and are preferring other global markets with lower valuations.</li><li>S. Naren, the CIO of ICICI Prudential Asset Management Co., highlights the challenge in Indian equity markets for foreign investors.</li><li>Naren advises investors to moderate their return expectations as equities are currently considered an expensive asset class.</li><li>He suggests seeking value in sectors like oil and gas and encourages investing in stocks that have been undervalued due to investor frustration.</li></ul>

Why Are FIIs Preferring Other Markets? S Naren Says Indian Equities Are An 'Expensive Asset Class'

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