Expert view, July 12 -- Divam Sharma, the co-founder and fund manager of Green Portfolio PMS, expects the Indian stock market to touch new record highs in the coming months, supported by strong domestic growth and resilient investor sentiment. In an interview with Mint, Sharma said the increased retail participation may drive a re-rating in valuations. This may make the Indian stock market more resilient. Here are edited excerpts of the interview:

We expect Indian equity markets to touch new record highs in the coming months, supported by strong domestic growth and resilient investor sentiment.

However, global uncertainties are rising, and investors should remain cautious about valuations.

It is important not to overpay for stocks and ...