Pricey Indian stocks similar to ‘Nifty Fifty’ of the USA in the 1960s?

Mint speaks to Abhisar Jain who is head and fund manager at Monarch, an Alternate Investment Fund (AIF) which has identified a basket of what it calls ‘Scary Super Quality Stocks’ and draws parallels with the Nifty Fifty basket of highly valued stocks in the USA in the 1960s.