After equities staged a sharp rebound recently, the 12-month forward PE valuation of Nifty50 has expanded to 19.5x and is now trading at one standard deviation above its 10-year average. The MSCI India was trading at a valuation premium of 37 per cent and 96 per cent versus the MSCI World and MSCI EM, respectively.
Q2 earnings show Rs 4 lakh crore-crisis may deepen in stock market’s riskier corners
Recent Q2 earnings reveal a troubling trend in India’s stock market. Smallcap companies are experiencing the highest number of earnings misses, leading to a substantial
