What could be the next big trigger for market? Prateek Agrawal answers

I will give you a thumb rule. Largecaps practically everybody agrees are priced fine. They are at 10-year averages. Now, we believe if at any time one can make a case for markets to trade higher than long period average is now earnings growth is more than long period average and discount rate, the other variable that goes in has started to come off, so both the variables that go in are there.