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.
Groww’s Ishan Bansal sees structural shift in derivatives participation post regulatory changes
Derivatives business faces a structural reset post FY25 regulatory changes, with growth now driven by a smaller but stable customer base, increased market volatility, and