Margins have deteriorated for a big part of corporate India on account of a rise in commodity prices. The good news is that it is coming off, Ajay Tyagi, Head of Equities, UTI Asset Management Company tells ET Wealth.Is the market unable to read the unfolding economic environment?There are multiple factors at play which I believe would lead the market to trade in a narrow range for a few more quarters. First is valuations. Our long term